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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against OKX+0.018%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.018%, 7d avg −0.043%
Together, before fees−0.057%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.061% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ONT-USDT-SWAP0.056200.0099pay 0.0050% / 4h33m 08s$795K$900K20x
ShortBitget ONTUSDT0.056210.0100get 0.0050% / 4h33m 08s$814K$314K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0.11
Price spread: +0.018% → −0.043%
$6.05
Slippage, 4 orders
−$53.3
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$69.14
Costs to cover
0.753%
Break-even
4436.2 days
Slippage from OKX: live order book, 43 min ago; Bitget: live order book, 42 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 OKX live order book, 43 min ago1.78 bp15.2 bp −$1570.3 bp −$703doesn't fitdoesn't fit
Sell Bitget live order book, 42 min ago0.89 bp21.2 bp −$2151.5 bp −$515doesn'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
Kraken Futures PF_ONTUSD−0.0093%1h0.05625+0.096%$9K$23110xas long as short
OKX ONT-USDT-SWAPlong+0.0099%4h0.05620long leg$795K$900K20x
Aster ONTUSDT+0.0100%4h0.05628+0.135%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05625+0.086%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05624+0.071%$172K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05625+0.089%$1.5M$142K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05623+0.053%$523K$48K30xas long as short
Bitget ONTUSDTshort+0.0100%4h0.05621+0.018%$814K$314K50x
BloFin ONT-USDT+0.0146%4h0.05626+0.107%$131K$23K50xas long as short
Variational Omni ONT+0.1297%4h0.05614−0.109%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1636%4h0.05618−0.036%$2.3Mas long as short
Bybit ONTUSDT+0.1707%4h0.05611−0.160%$797K$315K25xas long as short