Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against Bitget+0.018%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.018%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONTUSDT | 0.05610 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $809K | $316K | 50x |
| Short | OKX ONT-USDT-SWAP | 0.05611 | 0.0024 | get 0.0012% / 4h | 2h 09m | $803K | $879K | 20x |
Bitget ONTUSDT
OKX ONT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- −$15.89
- Price spread: +0.018% → +0.044%
- −$2.57
- Slippage, 4 orders
- −$57.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.32
- Costs to cover
- 0.799%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 11 min ago; OKX: live order book, 12 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 Bitget live order book, 11 min ago | 4.45 bp | 22.8 bp −$23 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell OKX live order book, 12 min ago | 4.45 bp | 16.2 bp −$16 | 73.8 bp −$738 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | −0.0088% | 1h | 0.05611 | +0.012% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAPshort | +0.0024% | 4h | 0.05611 | +0.018% | $803K | $879K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05616 | +0.110% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05610 | 0.000% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05620 | +0.178% | $172K | $61K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05610 | 0.000% | $1.4M | $140K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05615 | +0.089% | $522K | $54K | 30x | as long as short |
| Bitget ONTUSDTlong | +0.0100% | 4h | 0.05610 | long leg | $809K | $316K | 50x | |
| BloFin ONT-USDT | +0.0103% | 4h | 0.05614 | +0.071% | $131K | $25K | 50x | as long as short |
| Variational Omni ONT | +0.1498% | 4h | 0.05600 | −0.181% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
BloFin ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1754% | 4h | 0.05598 | −0.214% | $798K | $319K | 25x | as long as short |
| BingX ONT-USDT | +0.1804% | 4h | 0.05606 | −0.071% | — | $2.3M | — | as long as short |
Bybit ONTUSDT
BingX ONT-USDT