Funding you earn now, next payment 08:00 UTC+0.1112%/8h= +121.8% APRnext payment +$5.56 per $10,000 · paid last 24h +0.496%
Price spread now: BingX against MEXC0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.508%+$51 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now 0.000%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.508% in total (about 26.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.56 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 | MEXC ONT_USDT | 0.05605 | 0.0100 | pay 0.0050% / 4h | 59m 46s | $1.4M | $154K | 50x |
| Short | BingX ONT-USDT | 0.05605 | 0.1212 | get 0.0606% / 4h | 59m 46s | — | $2.3M | — |
MEXC ONT_USDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $233.52
- Price spread: 0.000% → +0.015%
- −$1.52
- Slippage, 4 orders
- −$45.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $172.8
- Costs to cover
- 0.592%
- Break-even
- 1.8 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 4 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 MEXC live order book, 2 min ago | 0.89 bp | 10.6 bp −$11 | 29.2 bp −$292 | 587.8 bp −$58.8K | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.46 bp | 17.1 bp −$17 | 42.6 bp −$426 | 471.4 bp −$47.1K | 1124.6 bp −$562.3K |
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 | +0.0066% | 4h | 0.05605 | 0.000% | $127K | $15K | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0083% | 4h | 0.05599 | −0.107% | $784K | $908K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05608 | +0.057% | $26K | $161 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05603 | −0.038% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05608 | +0.054% | $172K | $59K | 50x | as long as short |
| MEXC ONT_USDTlong | +0.0100% | 4h | 0.05605 | long leg | $1.4M | $154K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05611 | +0.107% | $515K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05600 | −0.089% | $796K | $279K | 50x | as long as short |
| Variational Omni ONT | +0.0733% | 4h | 0.05596 | −0.160% | $4K | $3K | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0957% | 1h | 0.05607 | +0.039% | $9K | $395 | 10x | as long as short |
BloFin ONT-USDT
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Kraken Futures PF_ONTUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTshort | +0.1212% | 4h | 0.05605 | 0.000% | — | $2.3M | — | |
| Bybit ONTUSDT | +0.1233% | 4h | 0.05598 | −0.125% | $795K | $320K | 25x | as long as short |
Bybit ONTUSDT