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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against Binance−0.117%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.117% cheaper against Binance than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONTUSDT0.056200.0100pay 0.0050% / 4h3h 32m$2.4M$2.7M50x
ShortKraken Futures PF_ONTUSD0.056130.0181get 0.0023% / 1h32m 36s$9K$23110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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
$17.05
Price spread: −0.117% → 0.000%
−$11.67
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$14.62
Costs to cover
0.200%
Break-even
13.0 days
Slippage unknown: Binance: live order book, 9 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.89 bp16.6 bp −$1775.7 bp −$7578582.5 bp −$858.3Kdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin ONT-USDT+0.0053%4h0.05614−0.104%$133K$25K50xas long as short
Aster ONTUSDT+0.0100%4h0.05628+0.137%$27K$3885xas long as short
Binance ONTUSDTlong+0.0100%4h0.05620long leg$2.4M$2.7M50x
OKX ONT-USDT-SWAP+0.0100%4h0.05618−0.033%$804K$874K20xas long as short
Gate ONT_USDT+0.0100%4h0.05620+0.003%$172K$61K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05620+0.003%$1.4M$140K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05619−0.015%$525K$53K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05618−0.033%$808K$322K50xas long as short
Kraken Futures PF_ONTUSDshort+0.0181%1h0.05613−0.117%$9K$23110x
BingX ONT-USDT+0.0866%4h0.05618−0.033%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ONT+0.1856%4h0.05602−0.325%$4K$3Kas long as short
Bybit ONTUSDT+0.2260%4h0.05610−0.175%$805K$317K25xas long as short