Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BloFin+0.064%71s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.305%−$30 · spread now +0.064%, 7d avg −0.014%
=The price spread pays, funding is against you. Binance is 0.078% dearer against BloFin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.014%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.8 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05606 | 0.0126 | pay 0.0063% / 4h | 1h 15m | $131K | $25K | 50x |
| Short | Binance ONTUSDT | 0.05610 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.4M | $2.6M | 50x |
BloFin ONT-USDT
Binance ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.54
- Price spread: +0.064% → −0.014%
- $7.79
- Slippage, 4 orders
- −$40.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$60.32
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; Binance: live order book, 4 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 BloFin live order book, 57 min ago | 0.89 bp | 17.9 bp −$18 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.89 bp | 16.3 bp −$16 | 52.0 bp −$520 | 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 | −0.0405% | 1h | 0.05611 | +0.081% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAP | −0.0068% | 4h | 0.05607 | +0.018% | $806K | $878K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05614 | +0.139% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05610 | +0.064% | $2.4M | $2.6M | 50x | |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.071% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05610 | +0.071% | $1.5M | $138K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05611 | +0.089% | $522K | $50K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05611 | +0.089% | $813K | $316K | 50x | as long as short |
| BloFin ONT-USDTlong | +0.0126% | 4h | 0.05606 | long leg | $131K | $25K | 50x | |
| Variational Omni ONT | +0.1204% | 4h | 0.05597 | −0.164% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
OKX ONT-USDT-SWAP
Aster ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1486% | 4h | 0.05607 | +0.018% | — | $2.3M | — | as long as short |
| Bybit ONTUSDT | +0.1493% | 4h | 0.05596 | −0.178% | $796K | $317K | 25x | as long as short |
BingX ONT-USDT
Bybit ONTUSDT