Funding you earn now, next payment 04:00 UTC−0.0272%/8h= −29.8% APRnext payment −$1.36 per $10,000 · paid last 24h −0.420%
Price spread now: Binance against Bybit+0.188%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days−0.341%−$34 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.188%, 7d avg 0.000%
=The price spread pays, funding is against you. Binance is 0.188% dearer against Bybit than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of 0.000%): +$19 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05654 | 0.0372 | pay 0.0186% / 4h | 3h 55m | $802K | $312K | 25x |
| Short | Binance ONTUSDT | 0.05665 | 0.0100 | get 0.0050% / 4h | 3h 55m | $2.4M | $2.7M | 50x |
Bybit ONTUSDT
Binance ONTUSDTFunding 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
- −$57.07
- Price spread: +0.188% → 0.000%
- $18.82
- Slippage, 4 orders
- −$88.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.53
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 14 min ago; Binance: live order book, 10 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, 14 min ago | 0.89 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.77 bp | 13.8 bp −$14 | 44.1 bp −$441 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | 0.0000% | 1h | 0.05699 | +0.795% | $9K | $231 | 10x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05670 | +0.282% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05665 | +0.188% | $2.4M | $2.7M | 50x | |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05665 | +0.195% | $799K | $894K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05668 | +0.248% | $174K | $55K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05666 | +0.212% | $1.5M | $150K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05670 | +0.283% | $528K | $48K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05666 | +0.212% | $824K | $316K | 50x | as long as short |
| BloFin ONT-USDT | +0.0148% | 4h | 0.05667 | +0.230% | $131K | $23K | 50x | as long as short |
| Bybit ONTUSDTlong | +0.0372% | 4h | 0.05654 | long leg | $802K | $312K | 25x |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BloFin ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.1219% | 4h | 0.05652 | −0.040% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.2100% | 4h | 0.05661 | +0.124% | — | $2.3M | — | as long as short |
Variational Omni ONT
BingX ONT-USDT