ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1392%/8h= +152.4% APRnext payment +$6.96 per $10,000 · paid last 24h +0.400%

Price spread now: BingX against MEXC−0.036%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.413%+$41 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.036%, 7d avg +0.017%

Together, before fees+0.451%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.052% cheaper against MEXC than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.017%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.413% in total) that is about 21 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.413% in total (about 21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ONT_USDT	0.05633	0.0100	pay 0.0050% / 4h	5m 11s	$1.5M	$149K	50x
Short	BingX ONT-USDT	0.05631	0.1492	get 0.0746% / 4h	5m 11s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now −0.036%Rate

Funding earned: $292.32
Price spread: −0.036% → +0.017%: −$5.25
Slippage, 4 orders: −$40.86
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $232.21
Costs to cover: 0.549%
Break-even: 1.4 days

Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 3 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 MEXC live order book, 1 min ago	0.89 bp	8.6 bp −$9	18.9 bp −$189	469.3 bp −$46.9K	doesn't fit
Sell BingX live order book, 3 min ago	3.55 bp	17.9 bp −$18	43.3 bp −$433	517.0 bp −$51.7K	1157.2 bp −$578.6K

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
Kraken Futures PF_ONTUSD	−0.0093%	1h	0.05633	−0.004%	$9K	$231	10x	as long as short
BloFin ONT-USDT	+0.0069%	4h	0.05635	+0.036%	$130K	$23K	50x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05635	+0.031%	$27K	$388	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05634	+0.010%	$2.4M	$2.7M	50x	as long as short
OKX ONT-USDT-SWAP	+0.0100%	4h	0.05627	−0.107%	$795K	$899K	20x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05630	−0.053%	$173K	$58K	50x	as long as short
MEXC ONT_USDTlong	+0.0100%	4h	0.05633	long leg	$1.5M	$149K	50x
KuCoin ONTUSDTM	+0.0100%	4h	0.05631	−0.036%	$524K	$48K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05632	−0.018%	$825K	$320K	50x	as long as short
Variational Omni ONT	+0.1164%	4h	0.05618	−0.271%	$4K	$3K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ONT-USDTshort	+0.1492%	4h	0.05631	−0.036%	—	$2.3M	—
Bybit ONTUSDT	+0.1596%	4h	0.05619	−0.249%	$798K	$311K	25x	as long as short