Funding you earn now, next payment 04:00 UTC+0.1230%/8h= +134.7% APRnext payment +$6.15 per $10,000 · paid last 24h +0.472%
Price spread now: BingX against KuCoin−0.247%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$454as in the Price arb table
costs, in and out, $10k−$4304.304% of the position
Funding, last 7 days+0.631%+$63 on $10k
+Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.247%, 7d avg −0.010%
=Funding pays, the price is against you. BingX is 0.238% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.010%). If the spread goes back, that is −$24 on $10k: about 15 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.631% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.631% in total (about 32.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.15 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 | KuCoin ONTUSDTM | 0.05658 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $524K | $46K | 30x |
| Short | BingX ONT-USDT | 0.05644 | 0.1330 | get 0.0665% / 4h | 3h 02m | — | $2.3M | — |
KuCoin ONTUSDTM
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $258.3
- Price spread: −0.247% → −0.010%
- −$23.78
- Slippage, 4 orders
- −$408.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$195.91
- Costs to cover
- 4.304%
- Break-even
- 12.3 days
Slippage from KuCoin: live order book, 50 min ago; BingX: live order book, 16 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 KuCoin live order book, 50 min ago | 10.59 bp | 166.3 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 3.55 bp | 16.1 bp −$16 | 42.0 bp −$420 | 542.7 bp −$54.3K | 1192.0 bp −$596.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | 0.0000% | 1h | 0.05651 | −0.124% | $9K | $236 | 10x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05656 | −0.037% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05645 | −0.229% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05642 | −0.283% | $799K | $888K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05656 | −0.035% | $175K | $58K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05646 | −0.212% | $1.5M | $155K | 50x | as long as short |
| KuCoin ONTUSDTMlong | +0.0100% | 4h | 0.05658 | long leg | $524K | $46K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05645 | −0.230% | $799K | $324K | 50x | as long as short |
| BloFin ONT-USDT | +0.0105% | 4h | 0.05652 | −0.106% | $131K | $23K | 50x | as long as short |
| Variational Omni ONT | +0.1220% | 4h | 0.05664 | +0.114% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BloFin ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1224% | 4h | 0.05637 | −0.371% | $799K | $317K | 25x | as long as short |
| BingX ONT-USDTshort | +0.1330% | 4h | 0.05644 | −0.247% | — | $2.3M | — |
Bybit ONTUSDT