Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against BloFin−0.107%110s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$635as 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−$6226.218% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now −0.107%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.115% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 110 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 | 0.05611 | 0.0152 | pay 0.0076% / 4h | 1h 51m | $127K | $15K | 50x |
| Short | KuCoin ONTUSDTM | 0.05605 | 0.0100 | get 0.0050% / 4h | 1h 51m | $516K | $38K | 30x |
BloFin ONT-USDT
KuCoin ONTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$11.02
- Price spread: −0.107% → +0.008%
- −$11.51
- Slippage, 4 orders
- −$597.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$644.28
- Costs to cover
- 6.218%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 15 min ago | 0.89 bp | 11.0 bp −$11 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 7.16 bp | 396.3 bp −$396 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0063% | 4h | 0.05603 | −0.143% | $781K | $912K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05608 | −0.052% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05609 | −0.039% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.018% | $173K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05608 | −0.053% | $1.4M | $150K | 50x | as long as short |
| KuCoin ONTUSDTMshort | +0.0100% | 4h | 0.05605 | −0.107% | $516K | $38K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05607 | −0.071% | $822K | $266K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05606 | −0.098% | $4K | $3K | — | as long as short |
| BloFin ONT-USDTlong | +0.0152% | 4h | 0.05611 | long leg | $127K | $15K | 50x | |
| Bybit ONTUSDT | +0.0305% | 4h | 0.05603 | −0.143% | $796K | $330K | 25x | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
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-USDT | +0.0358% | 4h | 0.05606 | −0.089% | — | $2.3M | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0956% | 1h | 0.05611 | −0.005% | $9K | $384 | 10x | as long as short |
BingX ONT-USDT
Kraken Futures PF_ONTUSD