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

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.1636%/8hpaid last 24h −0.307%
Price spread now: Kraken Futures against BingX+0.065%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.065% dearer against BingX than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 3 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONT-USDT0.055730.2028pay 0.1014% / 4h5m 10s$2.3M
ShortKraken Futures PF_ONTUSD0.055770.0392get 0.0049% / 1h5m 10s$9K$23110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$343.53
Price spread: +0.065% → 0.000%
$6.54
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$356.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 3 min ago4.49 bp16.0 bp −$1644.6 bp −$446541.4 bp −$54.1K968.7 bp −$484.4K
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster ONTUSDT+0.0100%4h0.05581+0.139%$26K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05575+0.045%$2.4M$2.6M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05574+0.018%$803K$863K20xas long as short
Gate ONT_USDT+0.0100%4h0.05578+0.090%$171K$62K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05576+0.054%$1.4M$143K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05575+0.036%$521K$53K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05574+0.018%$802K$321K50xas long as short
BloFin ONT-USDT+0.0147%4h0.055730.000%$134K$25K50xas long as short
Kraken Futures PF_ONTUSDshort+0.0392%1h0.05577+0.065%$9K$23110x
Variational Omni ONT+0.1860%4h0.05564−0.162%$4K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDTlong+0.2028%4h0.05573long leg$2.3M
Bybit ONTUSDT+0.2148%4h0.05562−0.197%$814K$307K25xas long as short