Funding you earn now, next payment 04:00 UTC−0.0604%/8h= −66.1% APRnext payment −$3.02 per $10,000 · paid last 24h −0.472%
Price spread now: KuCoin against BingX+0.071%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4684.677% of the position
Funding, last 7 days−0.631%−$63 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.071%, 7d avg +0.015%
=The price spread pays, funding is against you. KuCoin is 0.056% dearer against BingX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.015%): +$6 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.631% in total) that is about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONT-USDT | 0.05631 | 0.0704 | pay 0.0352% / 4h | 14m 32s | — | $2.3M | — |
| Short | KuCoin ONTUSDTM | 0.05635 | 0.0100 | get 0.0050% / 4h | 14m 32s | $519K | $41K | 30x |
BingX ONT-USDT
KuCoin ONTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$126.84
- Price spread: +0.071% → +0.015%
- $5.56
- Slippage, 4 orders
- −$445.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$589.03
- Costs to cover
- 4.677%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 69 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 | 2.66 bp | 19.6 bp −$20 | 48.2 bp −$482 | 580.1 bp −$58.0K | 1001.9 bp −$501.0K |
| Sell KuCoin live order book, 69 min ago | 7.95 bp | 249.5 bp −$250 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05634 | +0.060% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05631 | +0.002% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05627 | −0.071% | $798K | $909K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05632 | +0.018% | $174K | $57K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05633 | +0.036% | $1.5M | $153K | 50x | as long as short |
| KuCoin ONTUSDTMshort | +0.0100% | 4h | 0.05635 | +0.071% | $519K | $41K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05631 | 0.000% | $802K | $278K | 50x | as long as short |
| BloFin ONT-USDT | +0.0128% | 4h | 0.05627 | −0.071% | $130K | $25K | 50x | as long as short |
| Variational Omni ONT | +0.0434% | 4h | 0.05627 | −0.071% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.0684% | 4h | 0.05629 | −0.036% | $794K | $329K | 25x | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
BloFin ONT-USDT
Variational Omni ONT
Bybit ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTlong | +0.0704% | 4h | 0.05631 | long leg | — | $2.3M | — | |
| Kraken Futures PF_ONTUSD | +0.0981% | 1h | 0.05634 | +0.051% | $9K | $301 | 10x | as long as short |
Kraken Futures PF_ONTUSD