Funding you earn now, next payment 06:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h +0.425%
Price spread now: BingX against Kraken Futures−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and BingX is 0.110% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ONTUSD | 0.05627 | 0.0891 | pay 0.0111% / 1h | 3m 01s | $9K | $384 | 10x |
| Short | BingX ONT-USDT | 0.05621 | 0.0426 | get 0.0213% / 4h | 2h 03m | — | $2.3M | — |
Kraken Futures PF_ONTUSD
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$97.64
- Price spread: −0.110% → 0.000%
- −$11.01
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$128.65
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 15 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 15 min ago | 2.67 bp | 15.6 bp −$16 | 41.5 bp −$415 | 613.4 bp −$61.3K | 1205.1 bp −$602.5K |
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 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-USDT | +0.0089% | 4h | 0.05625 | −0.039% | $128K | $15K | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0091% | 4h | 0.05620 | −0.128% | $783K | $920K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05625 | −0.036% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05626 | −0.022% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05624 | −0.057% | $173K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05629 | +0.032% | $1.4M | $156K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05626 | −0.021% | $518K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05626 | −0.021% | $825K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05621 | −0.119% | $4K | $3K | — | as long as short |
| BingX ONT-USDTshort | +0.0426% | 4h | 0.05621 | −0.110% | — | $2.3M | — |
BloFin ONT-USDT
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0476% | 4h | 0.05622 | −0.092% | $797K | $330K | 25x | as long as short |
| Kraken Futures PF_ONTUSDlong | +0.0891% | 1h | 0.05627 | long leg | $9K | $384 | 10x |
Bybit ONTUSDT