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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.124%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$482as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4714.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.124%, 7d avg +0.083%
Together, before fees−0.166%−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONTUSDT0.056270.0100pay 0.0050% / 4h16m 21s$801K$278K50x
ShortKuCoin ONTUSDTM0.056340.0100get 0.0050% / 4h16m 21s$519K$41K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: +0.124% → +0.083%
$4.11
Slippage, 4 orders
−$446.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$466.43
Costs to cover
4.705%
Break-even
never at this rate
Slippage from Bitget: live order book, 39 min ago; KuCoin: live order book, 67 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 Bitget live order book, 39 min ago1.77 bp17.1 bp −$1756.4 bp −$564doesn't fitdoesn't fit
Sell KuCoin live order book, 67 min ago7.95 bp249.5 bp −$250doesn'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
BloFin ONT-USDT+0.0099%4h0.05635+0.142%$130K$25K50xas long as short
Aster ONTUSDT+0.0100%4h0.05633+0.103%$27K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05630+0.054%$2.4M$2.7M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05629+0.036%$801K$909K20xas long as short
Gate ONT_USDT+0.0100%4h0.05632+0.089%$174K$57K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05631+0.071%$1.5M$153K50xas long as short
KuCoin ONTUSDTMshort+0.0100%4h0.05634+0.124%$519K$41K30x
Bitget ONTUSDTlong+0.0100%4h0.05627long leg$801K$278K50x
Variational Omni ONT+0.0475%4h0.05629+0.035%$4K$3Kas long as short
BingX ONT-USDT+0.0704%4h0.05629+0.036%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0709%4h0.05628+0.018%$795K$331K25xas long as short
Kraken Futures PF_ONTUSD+0.0983%1h0.05628+0.014%$9K$30110xas long as short