Funding you earn now, next payment 04:00 UTC+0.1028%/8h= +112.6% APRnext payment +$5.14 per $10,000 · paid last 24h +0.472%
Price spread now: BingX against OKX+0.071%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days+0.540%+$54 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.071%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and BingX is 0.043% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.540% in total (about 28.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.14 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 | OKX ONT-USDT-SWAP | 0.05604 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $798K | $916K | 20x |
| Short | BingX ONT-USDT | 0.05608 | 0.1128 | get 0.0564% / 4h | 2h 41m | — | $2.3M | — |
OKX ONT-USDT-SWAP
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $215.88
- Price spread: +0.071% → +0.029%
- $4.26
- Slippage, 4 orders
- −$52.61
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $147.54
- Costs to cover
- 0.726%
- Break-even
- 2.2 days
Slippage from OKX: live order book, 24 min ago; BingX: live order book, 7 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 OKX live order book, 24 min ago | 2.64 bp | 17.5 bp −$18 | 76.1 bp −$761 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.57 bp | 19.0 bp −$19 | 47.2 bp −$472 | 518.5 bp −$51.9K | 1092.4 bp −$546.2K |
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 | 0.05608 | +0.075% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05604 | −0.006% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAPlong | +0.0100% | 4h | 0.05604 | long leg | $798K | $916K | 20x | |
| Gate ONT_USDT | +0.0100% | 4h | 0.05608 | +0.071% | $177K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05603 | −0.018% | $1.5M | $156K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05603 | −0.018% | $519K | $46K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05604 | 0.000% | $793K | $334K | 50x | as long as short |
| BloFin ONT-USDT | +0.0130% | 4h | 0.05623 | +0.339% | $130K | $23K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0568% | 1h | 0.05603 | −0.024% | $9K | $262 | 10x | as long as short |
| Variational Omni ONT | +0.1063% | 4h | 0.05599 | −0.087% | $4K | $3K | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BloFin ONT-USDT
Kraken Futures PF_ONTUSD
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTshort | +0.1128% | 4h | 0.05608 | +0.071% | — | $2.3M | — | |
| Bybit ONTUSDT | +0.1209% | 4h | 0.05595 | −0.161% | $797K | $328K | 25x | as long as short |
Bybit ONTUSDT