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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.0% APRpaid last 24h −0.019%
Price spread now: BloFin against Kraken Futures−0.026%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. BloFin is 0.026% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ONTUSD0.05631−0.0093get 0.0012% / 1h39m 13s$9K$23110x
ShortBloFin ONT-USDT0.056300.0108get 0.0054% / 4h39m 13s$131K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$42.27
Price spread: −0.026% → 0.000%
−$2.56
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$17.71
Costs to cover
0.220%
Break-even
4.1 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 22 min ago. 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 Kraken Futures no order-book sample
Sell BloFin live order book, 22 min ago0.89 bp19.1 bp −$1937.8 bp −$378doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONTUSDlong−0.0093%1h0.05631long leg$9K$23110x
OKX ONT-USDT-SWAP+0.0090%4h0.05624−0.132%$797K$900K20xas long as short
Aster ONTUSDT+0.0100%4h0.05632+0.005%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05630−0.021%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05630−0.026%$173K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05632+0.010%$1.5M$139K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05631−0.008%$524K$48K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05634+0.045%$816K$314K50xas long as short
BloFin ONT-USDTshort+0.0108%4h0.05630−0.026%$131K$23K50x
Variational Omni ONT+0.1285%4h0.05625−0.118%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1658%4h0.05627−0.079%$2.3Mas long as short
Bybit ONTUSDT+0.1721%4h0.05620−0.203%$799K$317K25xas long as short