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

ONT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h +0.017%
Price spread now: Kraken Futures against OKX+0.064%45s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.064% dearer against OKX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ONT-USDT-SWAP0.056180.0100pay 0.0050% / 4h14m 36s$793K$898K20x
ShortKraken Futures PF_ONTUSD0.05622−0.0093pay 0.0012% / 1h14m 36s$9K$23110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$40.61
Price spread: +0.064% → 0.000%
$6.4
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$54.21
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 62 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 62 min ago1.78 bp15.2 bp −$1570.3 bp −$703doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_ONTUSDshort−0.0093%1h0.05622+0.064%$9K$23110x
Aster ONTUSDT+0.0100%4h0.05624+0.102%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05622+0.071%$2.4M$2.7M50xas long as short
OKX ONT-USDT-SWAPlong+0.0100%4h0.05618long leg$793K$898K20x
Gate ONT_USDT+0.0100%4h0.05624+0.107%$172K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05622+0.071%$1.5M$148K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05624+0.107%$523K$48K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05621+0.053%$823K$320K50xas long as short
BloFin ONT-USDT+0.0112%4h0.05617−0.018%$131K$23K50xas long as short
Variational Omni ONT+0.1206%4h0.05610−0.139%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.1546%4h0.05619+0.018%$2.3Mas long as short
Bybit ONTUSDT+0.1600%4h0.05607−0.196%$797K$312K25xas long as short