Funding you earn now, next payment 04:00 UTC−0.1412%/8h= −154.6% APRnext payment −$7.06 per $10,000 · paid last 24h −0.472%
Price spread now: MEXC against BingX−0.018%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.484%−$48 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.018%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$42 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.484% in total (about -25.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.06 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 | 0.05628 | 0.1512 | pay 0.0756% / 4h | 1h 58m | — | $2.3M | — |
| Short | MEXC ONT_USDT | 0.05627 | 0.0100 | get 0.0050% / 4h | 1h 58m | $1.5M | $150K | 50x |
BingX ONT-USDT
MEXC ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$296.52
- Price spread: −0.018% → −0.016%
- −$0.13
- Slippage, 4 orders
- −$43.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$353.97
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago | 2.66 bp | 20.7 bp −$21 | 46.1 bp −$461 | 508.7 bp −$50.9K | 950.7 bp −$475.3K |
| Sell MEXC live order book, 2 min ago | 0.89 bp | 7.4 bp −$7 | 21.0 bp −$210 | 521.9 bp −$52.2K | 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 | 0.05632 | +0.076% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05626 | −0.041% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05623 | −0.089% | $799K | $914K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05630 | +0.036% | $178K | $57K | 50x | as long as short |
| MEXC ONT_USDTshort | +0.0100% | 4h | 0.05627 | −0.018% | $1.5M | $150K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05631 | +0.053% | $519K | $45K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05627 | −0.018% | $796K | $315K | 50x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0474% | 1h | 0.05643 | +0.272% | $9K | $262 | 10x | as long as short |
| Variational Omni ONT | +0.1233% | 4h | 0.05631 | +0.045% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.1456% | 4h | 0.05622 | −0.107% | $796K | $330K | 25x | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Kraken Futures PF_ONTUSD
Variational Omni ONT
Bybit ONTUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTlong | +0.1512% | 4h | 0.05628 | long leg | — | $2.3M | — |