Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h +0.428%
Price spread now: Bybit against Kraken Futures−0.194%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 −$3 a day on $10k at the current rate, and Bybit is 0.194% cheaper against Kraken Futures than usual: you would sell low and buy high (−$19 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 | 0.05602 | 0.1060 | pay 0.0133% / 1h | 13m 35s | $9K | $397 | 10x |
| Short | Bybit ONTUSDT | 0.05591 | 0.0963 | get 0.0481% / 4h | 13m 35s | $794K | $311K | 25x |
Kraken Futures PF_ONTUSD
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$20.54
- Price spread: −0.194% → 0.000%
- −$19.41
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$60.95
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 21 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 Bybit live order book, 21 min ago | 3.58 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | −0.0009% | 4h | 0.05599 | −0.051% | $782K | $900K | 20x | as long as short |
| BloFin ONT-USDT | +0.0099% | 4h | 0.05594 | −0.141% | $128K | $15K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05603 | +0.024% | $26K | $168 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05603 | +0.024% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05599 | −0.051% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05604 | +0.038% | $1.5M | $152K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05606 | +0.074% | $515K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05600 | −0.033% | $801K | $281K | 50x | as long as short |
| Variational Omni ONT | +0.0671% | 4h | 0.05588 | −0.245% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0888% | 4h | 0.05601 | −0.016% | — | $2.3M | — | as long as short |
OKX ONT-USDT-SWAP
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTshort | +0.0963% | 4h | 0.05591 | −0.194% | $794K | $311K | 25x | |
| Kraken Futures PF_ONTUSDlong | +0.1060% | 1h | 0.05602 | long leg | $9K | $397 | 10x |