Funding you earn now, next payment 00:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.62 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX−0.107%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)+0.266%+$27 · spread now −0.107%, 7d avg +0.040%
=Funding pays, the price is against you. BloFin is 0.147% cheaper against OKX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.040%). If the spread goes back, that is −$15 on $10k: about 3.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.044% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONT-USDT-SWAP | 0.05611 | −0.0044 | get 0.0022% / 4h | 1h 09m | $806K | $877K | 20x |
| Short | BloFin ONT-USDT | 0.05605 | 0.0081 | get 0.0041% / 4h | 1h 09m | $131K | $25K | 50x |
OKX ONT-USDT-SWAP
BloFin ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $26.24
- Price spread: −0.107% → +0.040%
- −$14.66
- Slippage, 4 orders
- −$40.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.09
- Costs to cover
- 0.627%
- Break-even
- 20.6 days
Slippage from OKX: live order book, 7 min ago; BloFin: live order book, 64 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, 7 min ago | 1.78 bp | 15.2 bp −$15 | 70.3 bp −$703 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 0.89 bp | 10.2 bp −$10 | 29.4 bp −$294 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | −0.0404% | 1h | 0.05614 | +0.048% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAPlong | −0.0044% | 4h | 0.05611 | long leg | $806K | $877K | 20x | |
| BloFin ONT-USDTshort | +0.0081% | 4h | 0.05605 | −0.107% | $131K | $25K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05613 | +0.041% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05613 | +0.032% | $2.4M | $2.6M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.018% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05615 | +0.071% | $1.5M | $138K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05612 | +0.018% | $522K | $50K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05609 | −0.036% | $812K | $314K | 50x | as long as short |
| Variational Omni ONT | +0.1066% | 4h | 0.05597 | −0.254% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1382% | 4h | 0.05609 | −0.036% | — | $2.3M | — | as long as short |
| Bybit ONTUSDT | +0.1402% | 4h | 0.05597 | −0.250% | $796K | $317K | 25x | as long as short |
BingX ONT-USDT
Bybit ONTUSDT