Funding you earn now, next payment 08:00 UTC−0.0303%/8h= −33.2% APRnext payment −$1.52 per $10,000 · paid last 24h −0.521%
Price spread now: Binance against Bybit+0.105%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1111.115% of the position
Funding, last 7 days−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.105%, 7d avg +0.010%
=The price spread pays, funding is against you. Binance is 0.095% dearer against Bybit than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.010%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05603 | 0.0403 | pay 0.0202% / 4h | 1h 56m | $796K | $330K | 25x |
| Short | Binance ONTUSDT | 0.05609 | 0.0100 | get 0.0050% / 4h | 1h 56m | $2.4M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$63.64
- Price spread: +0.105% → +0.010%
- $9.46
- Slippage, 4 orders
- −$90.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$165.66
- Costs to cover
- 1.115%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 49 min ago; Binance: live order book, 9 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 Bybit live order book, 49 min ago | 2.68 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.89 bp | 16.9 bp −$17 | 55.0 bp −$550 | 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 | +0.0076% | 4h | 0.05606 | +0.054% | $781K | $913K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05617 | +0.249% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05609 | +0.105% | $2.4M | $2.7M | 50x | |
| Gate ONT_USDT | +0.0100% | 4h | 0.05620 | +0.303% | $173K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05610 | +0.125% | $1.4M | $150K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05616 | +0.232% | $517K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05615 | +0.214% | $823K | $266K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05619 | +0.294% | $4K | $3K | — | as long as short |
| BloFin ONT-USDT | +0.0158% | 4h | 0.05614 | +0.196% | $127K | $15K | 50x | as long as short |
| Bybit ONTUSDTlong | +0.0403% | 4h | 0.05603 | long leg | $796K | $330K | 25x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.0428% | 4h | 0.05612 | +0.161% | — | $2.3M | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0956% | 1h | 0.05615 | +0.206% | $9K | $384 | 10x | as long as short |
Bybit ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Aster ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BloFin ONT-USDT
BingX ONT-USDT
Kraken Futures PF_ONTUSD