Funding you earn now, next payment 00:00 UTC+0.1542%/8h= +168.8% APRnext payment +$7.71 per $10,000 · paid last 24h +0.410%
Price spread now: BingX against BloFin−0.036%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.605% of the position
Funding, last 7 days+0.416%+$42 on $10k
+Price spread, last 3 days (all we have)−0.288%−$29 · spread now −0.036%, 7d avg −0.010%
=Funding pays, the price is against you. BingX is 0.025% cheaper against BloFin than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$46 a day). At the pace of the last 7 days (+0.416% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.416% in total (about 21.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.71 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 | BloFin ONT-USDT | 0.05597 | 0.0124 | pay 0.0062% / 4h | 2h 03m | $131K | $25K | 50x |
| Short | BingX ONT-USDT | 0.05595 | 0.1666 | get 0.0833% / 4h | 2h 03m | — | $2.3M | — |
BloFin ONT-USDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $323.77
- Price spread: −0.036% → −0.010%
- −$2.54
- Slippage, 4 orders
- −$38.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $260.7
- Costs to cover
- 0.605%
- Break-even
- 1.4 days
Slippage from BloFin: live order book, 10 min ago; BingX: live order book, 15 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, 10 min ago | 0.89 bp | 17.9 bp −$18 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 2.67 bp | 18.0 bp −$18 | 44.7 bp −$447 | 635.2 bp −$63.5K | 1187.2 bp −$593.6K |
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 | 0.05600 | +0.057% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAP | −0.0068% | 4h | 0.05604 | +0.125% | $802K | $878K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05605 | +0.140% | $26K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05601 | +0.071% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.232% | $172K | $61K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05601 | +0.071% | $1.4M | $140K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05596 | −0.018% | $521K | $54K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05602 | +0.089% | $808K | $316K | 50x | as long as short |
| BloFin ONT-USDTlong | +0.0124% | 4h | 0.05597 | long leg | $131K | $25K | 50x | |
| Variational Omni ONT | +0.1361% | 4h | 0.05592 | −0.094% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.1603% | 4h | 0.05592 | −0.089% | $797K | $320K | 25x | as long as short |
| BingX ONT-USDTshort | +0.1666% | 4h | 0.05595 | −0.036% | — | $2.3M | — |
Bybit ONTUSDT