Funding you earn now, next payment 12:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin+0.018%115s7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$730.731% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.018%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.093% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.075%. The two prices were read 115 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 | 0.05540 | 0.0057 | pay 0.0028% / 4h | 1h 27m | $128K | $14K | 50x |
| Short | Bitget ONTUSDT | 0.05541 | 0.0100 | get 0.0050% / 4h | 1h 27m | $782K | $261K | 50x |
BloFin ONT-USDT
Bitget ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.1
- Price spread: +0.018% → −0.075%
- $9.27
- Slippage, 4 orders
- −$49.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.71
- Costs to cover
- 0.731%
- Break-even
- 49.1 days
Slippage from BloFin: live order book, 9 min ago; Bitget: live order book, 16 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, 9 min ago | 1.80 bp | 16.5 bp −$17 | 45.3 bp −$453 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 16 min ago | 0.89 bp | 19.2 bp −$19 | 44.7 bp −$447 | doesn't fit | doesn't fit |
ONT on 12 exchanges
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 | −0.0163% | 4h | 0.05538 | −0.036% | $773K | $852K | 20x | as long as short |
| BloFin ONT-USDTlong | +0.0057% | 4h | 0.05540 | long leg | $128K | $14K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05542 | +0.032% | $26K | $168 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05541 | +0.018% | $2.4M | $2.5M | 50x | as long as short |
| Bybit ONTUSDT | +0.0100% | 4h | 0.05538 | −0.036% | $774K | $325K | 25x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05538 | −0.036% | $164K | $63K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05540 | 0.000% | $1.5M | $166K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05543 | +0.054% | $505K | $34K | 30x | as long as short |
| Bitget ONTUSDTshort | +0.0100% | 4h | 0.05541 | +0.018% | $782K | $261K | 50x | |
| BingX ONT-USDT | +0.0100% | 4h | 0.05539 | −0.018% | — | $2.3M | — | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Bybit ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
BingX ONT-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.0100% | 4h | 0.05534 | −0.114% | $4K | $3K | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0826% | 1h | 0.05539 | −0.025% | $9K | $384 | 10x | as long as short |
Variational Omni ONT
Kraken Futures PF_ONTUSD