Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin−0.178%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.178%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.174% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05622 | 0.0155 | pay 0.0078% / 4h | 1h 17m | $127K | $15K | 50x |
| Short | MEXC ONT_USDT | 0.05612 | 0.0100 | get 0.0050% / 4h | 1h 17m | $1.4M | $152K | 50x |
BloFin ONT-USDT
MEXC ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$11.62
- Price spread: −0.178% → −0.004%
- −$17.39
- Slippage, 4 orders
- −$37.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$82.25
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; MEXC: live order book, 4 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, 49 min ago | 0.89 bp | 11.0 bp −$11 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.67 bp | 10.0 bp −$10 | 23.1 bp −$231 | 526.0 bp −$52.6K | 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 | +0.0051% | 4h | 0.05613 | −0.160% | $785K | $928K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05616 | −0.099% | $27K | $161 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05613 | −0.161% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05620 | −0.036% | $173K | $59K | 50x | as long as short |
| MEXC ONT_USDTshort | +0.0100% | 4h | 0.05612 | −0.178% | $1.4M | $152K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05617 | −0.089% | $516K | $39K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05613 | −0.160% | $798K | $280K | 50x | as long as short |
| BloFin ONT-USDTlong | +0.0155% | 4h | 0.05622 | long leg | $127K | $15K | 50x | |
| Variational Omni ONT | +0.0247% | 4h | 0.05618 | −0.080% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0818% | 4h | 0.05613 | −0.160% | — | $2.3M | — | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | +0.0956% | 1h | 0.05614 | −0.150% | $9K | $395 | 10x | as long as short |
| Bybit ONTUSDT | +0.0972% | 4h | 0.05609 | −0.231% | $796K | $332K | 25x | as long as short |
Kraken Futures PF_ONTUSD
Bybit ONTUSDT