Funding you earn now, next payment 04:00 UTC−0.1232%/8h= −134.9% APRnext payment −$6.16 per $10,000 · paid last 24h −0.472%
Price spread now: Gate against BingX0.000%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now 0.000%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Gate is 0.052% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.465% in total (about -24.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.16 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 | 0.1332 | pay 0.0666% / 4h | 2h 24m | — | $2.3M | — |
| Short | Gate ONT_USDT | 0.05640 | 0.0100 | get 0.0050% / 4h | 2h 24m | $178K | $59K | 50x |
BingX ONT-USDT
Gate ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$258.72
- Price spread: 0.000% → +0.052%
- −$5.15
- Slippage, 4 orders
- −$88.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$377.18
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 37 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, 4 min ago | 3.55 bp | 19.9 bp −$20 | 46.7 bp −$467 | 515.6 bp −$51.6K | 934.5 bp −$467.2K |
| Sell Gate live order book, 37 min ago | 4.44 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
ONT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05652 | +0.207% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05641 | +0.009% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05637 | −0.053% | $799K | $915K | 20x | as long as short |
| Gate ONT_USDTshort | +0.0100% | 4h | 0.05640 | 0.000% | $178K | $59K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05640 | 0.000% | $1.5M | $157K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05643 | +0.053% | $520K | $47K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05635 | −0.089% | $797K | $328K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0563% | 1h | 0.05648 | +0.136% | $9K | $262 | 10x | as long as short |
| Variational Omni ONT | +0.1149% | 4h | 0.05644 | +0.063% | $4K | $3K | — | as long as short |
| BingX ONT-USDTlong | +0.1332% | 4h | 0.05640 | long leg | — | $2.3M | — |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Kraken Futures PF_ONTUSD
Variational Omni ONTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1454% | 4h | 0.05633 | −0.124% | $799K | $331K | 25x | as long as short |
Bybit ONTUSDT