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 +0.408%

Price spread now: BingX against OKX−0.018%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$690.694% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.460%+$46 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.018%, 7d avg +0.029%

Together, before fees+0.483%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.046% cheaper against OKX than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.029%). 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 (+0.460% in total) that is about 17 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.460% in total (about 24.0% 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	OKX ONT-USDT-SWAP	0.05628	0.0100	pay 0.0050% / 4h	6m 29s	$795K	$900K	20x
Short	BingX ONT-USDT	0.05627	0.1492	get 0.0746% / 4h	6m 29s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.018%Rate

Funding earned: $292.32
Price spread: −0.018% → +0.029%: −$4.63
Slippage, 4 orders: −$49.37
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $218.31
Costs to cover: 0.694%
Break-even: 1.8 days

Slippage from OKX: live order book, 5 min ago; BingX: live order book, 2 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 OKX live order book, 5 min ago	1.78 bp	17.1 bp −$17	73.0 bp −$730	doesn't fit	doesn't fit
Sell BingX live order book, 2 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	0.05631	+0.051%	$9K	$231	10x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05631	+0.047%	$27K	$388	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05630	+0.036%	$2.4M	$2.7M	50x	as long as short
OKX ONT-USDT-SWAPlong	+0.0100%	4h	0.05628	long leg	$795K	$900K	20x
Gate ONT_USDT	+0.0100%	4h	0.05628	0.000%	$172K	$58K	50x	as long as short
MEXC ONT_USDT	+0.0100%	4h	0.05631	+0.053%	$1.5M	$148K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05629	+0.018%	$524K	$48K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05629	+0.018%	$824K	$320K	50x	as long as short
BloFin ONT-USDT	+0.0143%	4h	0.05629	+0.018%	$131K	$23K	50x	as long as short
Variational Omni ONT	+0.1165%	4h	0.05611	−0.308%	$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	0.05627	−0.018%	—	$2.3M	—
Bybit ONTUSDT	+0.1596%	4h	0.05615	−0.231%	$798K	$311K	25x	as long as short