Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against MEXC−0.054%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$520.515% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.415%+$41 · spread now −0.054%, 7d avg +0.005%
Together, before fees+0.408%+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.059% cheaper against MEXC than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.005%). If the spread goes back, that is −$6 on $10k: about 4.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONT_USDT0.056050.0100pay 0.0050% / 4h46m 40s$1.4M$151K50x
ShortBloFin ONT-USDT0.056020.0143get 0.0072% / 4h46m 40s$131K$24K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$9.11
Price spread: −0.054% → +0.005%
−$5.85
Slippage, 4 orders
−$35.54
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$48.29
Costs to cover
0.515%
Break-even
44.1 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.89 bp11.7 bp −$1224.5 bp −$245572.8 bp −$57.3Kdoesn't fit
Sell BloFin live order book, 45 min ago6.19 bp16.8 bp −$1735.6 bp −$356doesn't fitdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONTUSDT+0.0100%4h0.05609+0.066%$26K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05606+0.018%$2.4M$2.7M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05601−0.071%$796K$898K20xas long as short
Gate ONT_USDT+0.0100%4h0.05607+0.036%$178K$55K50xas long as short
MEXC ONT_USDTlong+0.0100%4h0.05605long leg$1.4M$151K50x
KuCoin ONTUSDTM+0.0100%4h0.05611+0.107%$517K$41K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05600−0.089%$798K$280K50xas long as short
BloFin ONT-USDTshort+0.0143%4h0.05602−0.054%$131K$24K50x
Variational Omni ONT+0.0800%4h0.05608+0.045%$4K$3Kas long as short
Bybit ONTUSDT+0.0850%4h0.05598−0.125%$791K$332K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.0866%4h0.05606+0.018%$2.3Mas long as short
Kraken Futures PF_ONTUSD+0.0987%1h0.05602−0.045%$9K$30110xas long as short