Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against OKX+0.143%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.143%, 7d avg +0.035%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.108% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ONT-USDT-SWAP0.055960.0023pay 0.0012% / 4h1h 28m$782K$913K20x
ShortBloFin ONT-USDT0.056040.0143get 0.0072% / 4h1h 28m$127K$15K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.19
Price spread: +0.143% → +0.035%
$10.79
Slippage, 4 orders
−$43.38
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.39
Costs to cover
0.654%
Break-even
15.2 days
Slippage from OKX: live order book, 12 min ago; BloFin: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 12 min ago2.67 bp15.6 bp −$1675.7 bp −$757doesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago0.89 bp20.2 bp −$2038.5 bp −$385doesn't fitdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONT-USDT-SWAPlong+0.0023%4h0.05596long leg$782K$913K20x
Aster ONTUSDT+0.0100%4h0.05603+0.122%$26K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05602+0.107%$2.4M$2.7M50xas long as short
Gate ONT_USDT+0.0100%4h0.05600+0.071%$172K$59K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05602+0.107%$1.4M$151K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05603+0.125%$516K$38K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05599+0.054%$810K$272K50xas long as short
Variational Omni ONT+0.0100%4h0.05599+0.045%$4K$3Kas long as short
BloFin ONT-USDTshort+0.0143%4h0.05604+0.143%$127K$15K50x
BingX ONT-USDT+0.0372%4h0.05601+0.089%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ONTUSDT+0.0461%4h0.05599+0.054%$795K$330K25xas long as short
Kraken Futures PF_ONTUSD+0.0958%1h0.05601+0.097%$9K$38410xas long as short