Funding you earn now, next payment 08:00 UTC+0.0190%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.521%
Price spread now: Bybit against KuCoin0.000%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$616as in the Funding arb table
Net, price: spread back to 7d avg − costs−$671as in the Price arb table
costs, in and out, $10k−$6736.733% of the position
Funding, last 7 days+0.570%+$57 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now 0.000%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.028% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONTUSDTM | 0.05616 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $517K | $39K | 30x |
| Short | Bybit ONTUSDT | 0.05616 | 0.0290 | get 0.0145% / 4h | 2h 49m | $795K | $326K | 25x |
KuCoin ONTUSDTM
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $40
- Price spread: 0.000% → −0.028%
- $2.79
- Slippage, 4 orders
- −$650.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$630.52
- Costs to cover
- 6.733%
- Break-even
- 117.3 days
Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, 60 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, 9 min ago | 7.16 bp | 194.2 bp −$194 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 60 min ago | 2.66 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05617 | +0.022% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05616 | −0.004% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05611 | −0.089% | $795K | $889K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05615 | −0.018% | $177K | $58K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05617 | +0.018% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTMlong | +0.0100% | 4h | 0.05616 | long leg | $517K | $39K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05615 | −0.018% | $822K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0106% | 4h | 0.05617 | +0.009% | $4K | $3K | — | as long as short |
| BloFin ONT-USDT | +0.0122% | 4h | 0.05621 | +0.089% | $129K | $14K | 50x | as long as short |
| BingX ONT-USDT | +0.0254% | 4h | 0.05615 | −0.018% | — | $2.3M | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
Variational Omni ONT
BloFin ONT-USDT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTshort | +0.0290% | 4h | 0.05616 | 0.000% | $795K | $326K | 25x | |
| Kraken Futures PF_ONTUSD | +0.0890% | 1h | 0.05631 | +0.276% | $9K | $317 | 10x | as long as short |
Kraken Futures PF_ONTUSD