Funding you earn now, next payment 08:00 UTC+0.0263%/8h= +28.8% APRnext payment +$1.32 per $10,000 · paid last 24h +0.521%
Price spread now: Bybit against Binance−0.153%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.153%, 7d avg −0.012%
=Funding pays, the price is against you. Bybit is 0.142% cheaper against Binance than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of −0.012%). If the spread goes back, that is −$14 on $10k: about 43 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONTUSDT | 0.05604 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.4M | $2.7M | 50x |
| Short | Bybit ONTUSDT | 0.05595 | 0.0363 | get 0.0182% / 4h | 1h 33m | $794K | $331K | 25x |
Binance ONTUSDT
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $55.24
- Price spread: −0.153% → −0.012%
- −$14.17
- Slippage, 4 orders
- −$90.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.99
- Costs to cover
- 1.111%
- Break-even
- 15.9 days
Slippage from Binance: live order book, 2 min ago; Bybit: 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 Binance live order book, 2 min ago | 1.79 bp | 17.4 bp −$17 | 51.3 bp −$513 | 7532.0 bp −$753.2K | doesn't fit |
| Sell Bybit live order book, 7 min ago | 1.79 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | +0.0027% | 4h | 0.05600 | −0.064% | $783K | $914K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05604 | +0.007% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDTlong | +0.0100% | 4h | 0.05604 | long leg | $2.4M | $2.7M | 50x | |
| Gate ONT_USDT | +0.0100% | 4h | 0.05602 | −0.028% | $172K | $59K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05602 | −0.028% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05602 | −0.028% | $516K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05600 | −0.064% | $810K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05595 | −0.153% | $4K | $3K | — | as long as short |
| BloFin ONT-USDT | +0.0130% | 4h | 0.05602 | −0.028% | $127K | $15K | 50x | as long as short |
| BingX ONT-USDT | +0.0358% | 4h | 0.05600 | −0.064% | — | $2.3M | — | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BloFin ONT-USDT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTshort | +0.0363% | 4h | 0.05595 | −0.153% | $794K | $331K | 25x | |
| Kraken Futures PF_ONTUSD | +0.0958% | 1h | 0.05601 | −0.047% | $9K | $384 | 10x | as long as short |
Kraken Futures PF_ONTUSD