Funding you earn now, next payment 04:00 UTC−0.0947%/8h= −103.7% APRnext payment −$4.74 per $10,000 · paid last 24h −0.480%
Price spread now: BloFin against BingX−0.089%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$710.715% of the position
Funding, last 7 days−0.490%−$49 on $10k
+Price spread, last 3 days (all we have)+0.244%+$24 · spread now −0.089%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and BloFin is 0.099% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.490% in total (about -25.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 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 | BingX ONT-USDT | 0.05640 | 0.1052 | pay 0.0526% / 4h | 3h 35m | — | $2.3M | — |
| Short | BloFin ONT-USDT | 0.05635 | 0.0105 | get 0.0052% / 4h | 3h 35m | $132K | $23K | 50x |
BingX ONT-USDT
BloFin ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$198.96
- Price spread: −0.089% → +0.011%
- −$9.93
- Slippage, 4 orders
- −$49.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$280.35
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 21 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 BingX live order book, 8 min ago | 4.42 bp | 21.8 bp −$22 | 48.9 bp −$489 | 459.3 bp −$45.9K | 905.5 bp −$452.8K |
| Sell BloFin live order book, 21 min ago | 0.88 bp | 15.5 bp −$15 | 25.4 bp −$254 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | 0.0000% | 1h | 0.05642 | +0.043% | $9K | $236 | 10x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05644 | +0.074% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05642 | +0.035% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05638 | −0.035% | $796K | $879K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05640 | 0.000% | $175K | $56K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05641 | +0.018% | $1.5M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05638 | −0.035% | $525K | $45K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05640 | 0.000% | $803K | $317K | 50x | as long as short |
| BloFin ONT-USDTshort | +0.0105% | 4h | 0.05635 | −0.089% | $132K | $23K | 50x | |
| BingX ONT-USDTlong | +0.1052% | 4h | 0.05640 | long leg | — | $2.3M | — |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1100% | 4h | 0.05635 | −0.089% | $801K | $314K | 25x | as long as short |
| Variational Omni ONT | +0.1112% | 4h | 0.05632 | −0.140% | $4K | $3K | — | as long as short |
Bybit ONTUSDT
Variational Omni ONT