Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.071%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.532% 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.045% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONT-USDT-SWAP | 0.05606 | 0.0067 | pay 0.0033% / 4h | 2h 16m | $786K | $903K | 20x |
| Short | MEXC ONT_USDT | 0.05610 | 0.0100 | get 0.0050% / 4h | 2h 16m | $1.4M | $154K | 50x |
OKX ONT-USDT-SWAP
MEXC ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7
- Price spread: +0.071% → +0.027%
- $4.46
- Slippage, 4 orders
- −$39.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.76
- Costs to cover
- 0.532%
- Break-even
- 48.7 days
Slippage from OKX: live order book, 29 min ago; MEXC: live order book, 4 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, 29 min ago | 3.57 bp | 17.1 bp −$17 | 75.1 bp −$751 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.89 bp | 8.5 bp −$9 | 22.7 bp −$227 | 510.8 bp −$51.1K | 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-SWAPlong | +0.0067% | 4h | 0.05606 | long leg | $786K | $903K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05613 | +0.119% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05610 | +0.063% | $2.4M | $2.7M | 50x | as long as short |
| Bybit ONTUSDT | +0.0100% | 4h | 0.05602 | −0.071% | $794K | $329K | 25x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.071% | $173K | $60K | 50x | as long as short |
| MEXC ONT_USDTshort | +0.0100% | 4h | 0.05610 | +0.071% | $1.4M | $154K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05611 | +0.089% | $516K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05611 | +0.089% | $822K | $271K | 50x | as long as short |
| BingX ONT-USDT | +0.0100% | 4h | 0.05611 | +0.089% | — | $2.3M | — | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05587 | −0.339% | $4K | $3K | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
Bybit ONTUSDT
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONTShow 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 | +0.089% | $128K | $15K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0893% | 1h | 0.05611 | +0.088% | $9K | $384 | 10x | as long as short |
BloFin ONT-USDT
Kraken Futures PF_ONTUSD