Funding you earn now, next payment 12:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against KuCoin−0.071%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$399as in the Price arb table
costs, in and out, $10k−$3963.960% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.071%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONTUSDTM | 0.05633 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $515K | $33K | 30x |
| Short | OKX ONT-USDT-SWAP | 0.05629 | −0.0016 | pay 0.0008% / 4h | 3h 01m | $788K | $891K | 20x |
KuCoin ONTUSDTM
OKX ONT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.28
- Price spread: −0.071% → −0.045%
- −$2.63
- Slippage, 4 orders
- −$373.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$422.88
- Costs to cover
- 3.960%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; OKX: live order book, 29 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 22 min ago | 7.13 bp | 156.8 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 29 min ago | 2.69 bp | 17.2 bp −$17 | 65.6 bp −$656 | doesn't fit | doesn't fit |
ONT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAPshort | −0.0016% | 4h | 0.05629 | −0.071% | $788K | $891K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05637 | +0.069% | $27K | $168 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05635 | +0.032% | $2.4M | $2.6M | 50x | as long as short |
| Bybit ONTUSDT | +0.0100% | 4h | 0.05628 | −0.089% | $792K | $316K | 25x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05640 | +0.124% | $173K | $58K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05636 | +0.053% | $1.6M | $165K | 50x | as long as short |
| KuCoin ONTUSDTMlong | +0.0100% | 4h | 0.05633 | long leg | $515K | $33K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05634 | +0.018% | $799K | $282K | 50x | as long as short |
| BingX ONT-USDT | +0.0100% | 4h | 0.05633 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05636 | +0.055% | $4K | $3K | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
Bybit ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDT | +0.0152% | 4h | 0.05636 | +0.053% | $128K | $14K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0916% | 1h | 0.05631 | −0.032% | $9K | $397 | 10x | as long as short |
BloFin ONT-USDT
Kraken Futures PF_ONTUSD