Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.503%
Price spread now: BingX against BloFin+0.071%51s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.071%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.079% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05609 | 0.0150 | pay 0.0075% / 4h | 1h 50m | $127K | $15K | 50x |
| Short | BingX ONT-USDT | 0.05613 | 0.0358 | get 0.0179% / 4h | 1h 50m | — | $2.3M | — |
BloFin ONT-USDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.67
- Price spread: +0.071% → −0.007%
- $7.87
- Slippage, 4 orders
- −$46.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$16.76
- Costs to cover
- 0.683%
- Break-even
- 9.7 days
Slippage from BloFin: live order book, 16 min ago; BingX: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 16 min ago | 0.89 bp | 11.0 bp −$11 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.56 bp | 20.1 bp −$20 | 46.2 bp −$462 | 642.6 bp −$64.3K | 1211.2 bp −$605.6K |
ONT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | +0.0066% | 4h | 0.05610 | +0.018% | $782K | $914K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05612 | +0.062% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05616 | +0.119% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05612 | +0.053% | $173K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05614 | +0.089% | $1.4M | $150K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05610 | +0.018% | $516K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05615 | +0.107% | $823K | $266K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05603 | −0.115% | $4K | $3K | — | as long as short |
| BloFin ONT-USDTlong | +0.0150% | 4h | 0.05609 | long leg | $127K | $15K | 50x | |
| Bybit ONTUSDT | +0.0298% | 4h | 0.05610 | +0.018% | $797K | $330K | 25x | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Bybit ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTshort | +0.0358% | 4h | 0.05613 | +0.071% | — | $2.3M | — | |
| Kraken Futures PF_ONTUSD | +0.0956% | 1h | 0.05611 | +0.030% | $9K | $384 | 10x | as long as short |
Kraken Futures PF_ONTUSD