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

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against BingX−0.089%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1161.162% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.089%, 7d avg −0.015%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONT-USDT0.056360.0100pay 0.0050% / 4h3h 12m$2.3M
ShortBybit ONTUSDT0.056310.0100get 0.0050% / 4h3h 12m$795K$314K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: −0.089% → −0.015%
−$7.42
Slippage, 4 orders
−$95.23
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$123.64
Costs to cover
1.162%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 18 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 BingX live order book, 6 min ago4.45 bp18.8 bp −$1947.3 bp −$473511.6 bp −$51.2K958.8 bp −$479.4K
Sell Bybit live order book, 18 min ago2.69 bp37.8 bp −$38doesn'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-SWAP−0.0057%4h0.05631−0.089%$786K$894K20xas long as short
BloFin ONT-USDT+0.0085%4h0.05633−0.053%$128K$15K50xas long as short
Aster ONTUSDT+0.0100%4h0.05637+0.022%$27K$1685xas long as short
Binance ONTUSDT+0.0100%4h0.05637+0.014%$2.4M$2.6M50xas long as short
Bybit ONTUSDTshort+0.0100%4h0.05631−0.089%$795K$314K25x
Gate ONT_USDT+0.0100%4h0.05647+0.195%$173K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05635−0.018%$1.5M$156K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05638+0.035%$516K$34K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05635−0.018%$799K$285K50xas long as short
BingX ONT-USDTlong+0.0100%4h0.05636long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ONT+0.0125%4h0.05625−0.192%$4K$3Kas long as short
Kraken Futures PF_ONTUSD+0.0915%1h0.05640+0.072%$9K$39710xas long as short