Funding you earn now, next payment 08:00 UTC−0.1167%/8h= −127.8% APRnext payment −$5.83 per $10,000 · paid last 24h −0.528%
Price spread now: BloFin against Bybit+0.125%102s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as 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−$1061.058% of the position
Funding, last 7 days−0.438%−$44 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.125%, 7d avg +0.024%
=The price spread pays, funding is against you. BloFin is 0.101% dearer against Bybit than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.024%): +$10 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.438% in total) that is about 39 hours. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.438% in total (about -22.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.83 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 | 0.05598 | 0.1233 | pay 0.0616% / 4h | 59m 31s | $795K | $320K | 25x |
| Short | BloFin ONT-USDT | 0.05605 | 0.0066 | get 0.0033% / 4h | 59m 31s | $127K | $15K | 50x |
Bybit ONTUSDT
BloFin ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$245.04
- Price spread: +0.125% → +0.024%
- $10.08
- Slippage, 4 orders
- −$82.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$340.77
- Costs to cover
- 1.058%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; BloFin: live order book, 2 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, 40 min ago | 1.79 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.78 bp | 10.5 bp −$11 | 26.7 bp −$267 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDTshort | +0.0066% | 4h | 0.05605 | +0.125% | $127K | $15K | 50x | |
| OKX ONT-USDT-SWAP | +0.0083% | 4h | 0.05599 | +0.018% | $783K | $908K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05608 | +0.180% | $26K | $161 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05603 | +0.088% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05608 | +0.179% | $172K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05605 | +0.125% | $1.4M | $147K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05608 | +0.179% | $515K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05599 | +0.018% | $796K | $279K | 50x | as long as short |
| Variational Omni ONT | +0.0733% | 4h | 0.05596 | −0.035% | $4K | $3K | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0957% | 1h | 0.05607 | +0.165% | $9K | $395 | 10x | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Kraken Futures PF_ONTUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1212% | 4h | 0.05600 | +0.036% | — | $2.3M | — | as long as short |
| Bybit ONTUSDTlong | +0.1233% | 4h | 0.05598 | long leg | $795K | $320K | 25x |
BingX ONT-USDT