Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0960%/8h= −105.1% APRpaid last 24h −0.476%
Price spread now: Kraken Futures against Bybit+0.167%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.167% dearer against Bybit than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONTUSDT0.056270.1524pay 0.0762% / 4h2h 15m$797K$332K25x
ShortKraken Futures PF_ONTUSD0.056360.0564get 0.0071% / 1h15m 41s$9K$26210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$201.62
Price spread: +0.167% → 0.000%
$16.69
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$205.93
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 49 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 49 min ago2.65 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ONT on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONTUSDT+0.0100%4h0.05640+0.232%$27K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05634+0.124%$2.4M$2.7M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05633+0.107%$796K$910K20xas long as short
Gate ONT_USDT+0.0100%4h0.05643+0.284%$178K$59K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05637+0.178%$1.5M$158K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05640+0.231%$520K$46K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05635+0.142%$797K$325K50xas long as short
Kraken Futures PF_ONTUSDshort+0.0564%1h0.05636+0.167%$9K$26210x
Variational Omni ONT+0.1215%4h0.05627−0.001%$4K$3Kas long as short
BingX ONT-USDT+0.1446%4h0.05634+0.124%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDTlong+0.1524%4h0.05627long leg$797K$332K25x