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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against BloFin0.000%101s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 3 days (all we have)−0.182%−$18 · spread now 0.000%, 7d avg −0.012%
Together, before fees−0.176%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ONT-USDT0.056380.0051pay 0.0026% / 4h3h 27m$131K$23K50x
ShortBinance ONTUSDT0.056380.0100get 0.0050% / 4h3h 27m$2.4M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$10.2
Price spread: 0.000% → −0.012%
$1.17
Slippage, 4 orders
−$43.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.65
Costs to cover
0.650%
Break-even
43.8 days
Slippage from BloFin: live order book, 28 min ago; Binance: live order book, 8 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 BloFin live order book, 28 min ago0.88 bp17.4 bp −$1738.8 bp −$388doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.77 bp15.4 bp −$1548.5 bp −$485doesn'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
Kraken Futures PF_ONTUSD0.0000%1h0.05638−0.002%$9K$23610xas long as short
BloFin ONT-USDTlong+0.0051%4h0.05638long leg$131K$23K50x
OKX ONT-USDT-SWAP+0.0087%4h0.05635−0.053%$796K$879K20xas long as short
Aster ONTUSDT+0.0100%4h0.05643+0.092%$27K$3885xas long as short
Binance ONTUSDTshort+0.0100%4h0.056380.000%$2.4M$2.6M50x
Gate ONT_USDT+0.0100%4h0.05640+0.035%$175K$56K50xas long as short
MEXC ONT_USDT+0.0100%4h0.056380.000%$1.5M$151K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05636−0.035%$524K$45K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05633−0.089%$799K$322K50xas long as short
Variational Omni ONT+0.1137%4h0.05631−0.131%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1264%4h0.05636−0.035%$2.3Mas long as short
Bybit ONTUSDT+0.1316%4h0.05632−0.106%$800K$314K25xas long as short