Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.071%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.071%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.045% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONT_USDT | 0.05612 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1.4M | $154K | 50x |
| Short | OKX ONT-USDT-SWAP | 0.05608 | 0.0069 | get 0.0035% / 4h | 2h 15m | $786K | $904K | 20x |
MEXC ONT_USDT
OKX ONT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$6.44
- Price spread: −0.071% → −0.027%
- −$4.45
- Slippage, 4 orders
- −$41.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.65
- Costs to cover
- 0.558%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 31 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 | 11.5 bp −$11 | 22.8 bp −$228 | 525.4 bp −$52.5K | doesn't fit |
| Sell OKX live order book, 31 min ago | 3.57 bp | 19.0 bp −$19 | 68.2 bp −$682 | 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 | +0.0069% | 4h | 0.05608 | −0.071% | $786K | $904K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05613 | +0.012% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05611 | −0.009% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.036% | $173K | $60K | 50x | as long as short |
| MEXC ONT_USDTlong | +0.0100% | 4h | 0.05612 | long leg | $1.4M | $154K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05610 | −0.036% | $516K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05611 | −0.018% | $822K | $271K | 50x | as long as short |
| BingX ONT-USDT | +0.0100% | 4h | 0.05611 | −0.018% | — | $2.3M | — | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05605 | −0.123% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.0125% | 4h | 0.05604 | −0.143% | $795K | $330K | 25x | as long as short |
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONT
Bybit ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDT | +0.0154% | 4h | 0.05611 | −0.018% | $128K | $15K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0893% | 1h | 0.05612 | −0.007% | $9K | $384 | 10x | as long as short |
BloFin ONT-USDT
Kraken Futures PF_ONTUSD