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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h −0.403%
Price spread now: Kraken Futures against BingX+0.041%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.041% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONT-USDT0.056030.0888pay 0.0444% / 4h13m 11s$2.3M
ShortKraken Futures PF_ONTUSD0.056050.1060get 0.0132% / 1h13m 11s$9K$39710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
$36.09
Price spread: +0.041% → 0.000%
$4.06
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$20.15
Costs to cover
0.200%
Break-even
3.1 days
Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago3.58 bp19.5 bp −$2047.2 bp −$472552.3 bp −$55.2K1043.7 bp −$521.8K
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
OKX ONT-USDT-SWAP−0.0008%4h0.05599−0.071%$782K$900K20xas long as short
Aster ONTUSDT+0.0100%4h0.05603+0.004%$26K$1685xas long as short
Binance ONTUSDT+0.0100%4h0.05604+0.014%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05599−0.071%$172K$60K50xas long as short
MEXC ONT_USDT+0.0100%4h0.056030.000%$1.5M$152K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05605+0.036%$515K$38K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05599−0.071%$801K$281K50xas long as short
BloFin ONT-USDT+0.0130%4h0.05606+0.054%$128K$15K50xas long as short
Variational Omni ONT+0.0671%4h0.05588−0.265%$4K$3Kas long as short
BingX ONT-USDTlong+0.0888%4h0.05603long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0963%4h0.05591−0.214%$794K$311K25xas long as short
Kraken Futures PF_ONTUSDshort+0.1060%1h0.05605+0.041%$9K$39710x