Funding you earn now, next payment 04:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.026%
Price spread now: BingX against Bybit+0.107%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.107%, 7d avg +0.007%
=The price spread pays, funding is against you. BingX is 0.100% dearer against Bybit than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.007%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05632 | 0.1274 | pay 0.0637% / 4h | 3h 32m | $801K | $314K | 25x |
| Short | BingX ONT-USDT | 0.05638 | 0.1052 | get 0.0526% / 4h | 3h 32m | — | $2.3M | — |
Bybit ONTUSDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$46.59
- Price spread: +0.107% → +0.007%
- $10
- Slippage, 4 orders
- −$95.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$153.43
- Costs to cover
- 1.168%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 37 min ago; BingX: live order book, 11 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, 37 min ago | 0.89 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.42 bp | 16.8 bp −$17 | 42.4 bp −$424 | 464.9 bp −$46.5K | 1045.1 bp −$522.6K |
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 | 0.05638 | +0.106% | $9K | $236 | 10x | as long as short |
| BloFin ONT-USDT | +0.0058% | 4h | 0.05646 | +0.249% | $132K | $23K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05643 | +0.187% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05637 | +0.097% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05636 | +0.071% | $796K | $879K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05640 | +0.142% | $175K | $56K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05638 | +0.107% | $1.5M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05638 | +0.107% | $525K | $45K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05635 | +0.053% | $802K | $318K | 50x | as long as short |
| BingX ONT-USDTshort | +0.1052% | 4h | 0.05638 | +0.107% | — | $2.3M | — |
Kraken Futures PF_ONTUSD
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONT | +0.1112% | 4h | 0.05632 | +0.002% | $4K | $3K | — | as long as short |
| Bybit ONTUSDTlong | +0.1274% | 4h | 0.05632 | long leg | $801K | $314K | 25x |
Variational Omni ONT