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+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.090%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$635as in the Funding arb table
Net, price: spread back to 7d avg − costs−$622as in the Price arb table
costs, in and out, $10k−$6276.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.090%, 7d avg +0.043%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ONT-USDT-SWAP0.055750.0085pay 0.0043% / 4h2h 24m$779K$900K20x
ShortKuCoin ONTUSDTM0.055800.0100get 0.0050% / 4h2h 24m$513K$38K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$3.05
Price spread: +0.090% → +0.043%
$4.71
Slippage, 4 orders
−$604.64
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$618.87
Costs to cover
6.266%
Break-even
1426.1 days
Slippage from OKX: live order book, 22 min ago; KuCoin: live order book, 34 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, 22 min ago3.57 bp17.1 bp −$1775.1 bp −$751doesn't fitdoesn't fit
Sell KuCoin live order book, 34 min ago7.16 bp396.3 bp −$396doesn't fitdoesn'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+0.0085%4h0.05575long leg$779K$900K20x
Aster ONTUSDT+0.0100%4h0.05577+0.045%$26K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05573−0.036%$2.4M$2.6M50xas long as short
Bybit ONTUSDT+0.0100%4h0.05569−0.108%$788K$327K25xas long as short
Gate ONT_USDT+0.0100%4h0.055750.000%$172K$60K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05574−0.018%$1.4M$153K50xas long as short
KuCoin ONTUSDTMshort+0.0100%4h0.05580+0.090%$513K$38K30x
Bitget ONTUSDT+0.0100%4h0.05576+0.018%$816K$270K50xas long as short
BingX ONT-USDT+0.0100%4h0.05573−0.036%$2.3Mas long as short
Variational Omni ONT+0.0100%4h0.05559−0.294%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ONT-USDT+0.0153%4h0.05557−0.323%$128K$14K50xas long as short
Kraken Futures PF_ONTUSD+0.0899%1h0.05574−0.019%$9K$35910xas long as short