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−0.0346%/8h= −37.9% APRnext payment $1.73 per $10,000 · paid last 24h −0.496%
Price spread now: KuCoin against BingX+0.018%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$692as in the Funding arb table
Net, price: spread back to 7d avg − costs−$627as in the Price arb table
costs, in and out, $10k−$6286.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.646%−$65 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.018%, 7d avg +0.016%
Together, before fees−0.650%−$65 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONT-USDT0.056210.0446pay 0.0223% / 4h2h 01m$2.3M
ShortKuCoin ONTUSDTM0.056220.0100get 0.0050% / 4h2h 01m$517K$38K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$72.66
Price spread: +0.018% → +0.016%
$0.15
Slippage, 4 orders
−$605.56
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$700.08
Costs to cover
6.276%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 57 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 BingX live order book, 2 min ago3.56 bp17.0 bp −$1742.2 bp −$422466.7 bp −$46.7K916.9 bp −$458.5K
Sell KuCoin live order book, 57 min ago7.16 bp396.3 bp −$396doesn't fitdoesn'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
OKX ONT-USDT-SWAP+0.0090%4h0.056210.000%$783K$920K20xas long as short
BloFin ONT-USDT+0.0096%4h0.05624+0.053%$128K$15K50xas long as short
Aster ONTUSDT+0.0100%4h0.05626+0.085%$27K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05624+0.060%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05624+0.053%$173K$60K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05624+0.053%$1.4M$156K50xas long as short
KuCoin ONTUSDTMshort+0.0100%4h0.05622+0.018%$517K$38K30x
Bitget ONTUSDT+0.0100%4h0.05624+0.053%$824K$272K50xas long as short
Variational Omni ONT+0.0100%4h0.05621−0.009%$4K$3Kas long as short
BingX ONT-USDTlong+0.0446%4h0.05621long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0475%4h0.056210.000%$797K$330K25xas long as short
Kraken Futures PF_ONTUSD+0.0891%1h0.05625+0.072%$9K$38410xas long as short