Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against BloFin+0.071%50s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$636as 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−$6236.229% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.071%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.063% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour. The two prices were read 50 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 | 0.05608 | 0.0091 | pay 0.0045% / 4h | 2h 46m | $129K | $14K | 50x |
| Short | KuCoin ONTUSDTM | 0.05612 | 0.0100 | get 0.0050% / 4h | 2h 46m | $516K | $39K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1.96
- Price spread: +0.071% → +0.008%
- $6.32
- Slippage, 4 orders
- −$598.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$614.61
- Costs to cover
- 6.229%
- Break-even
- 2200.2 days
Slippage from BloFin: live order book, 25 min ago; KuCoin: 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 BloFin live order book, 25 min ago | 6.24 bp | 19.7 bp −$20 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 7.16 bp | 396.3 bp −$396 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDTlong | +0.0091% | 4h | 0.05608 | long leg | $129K | $14K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05613 | +0.090% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05607 | −0.018% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05603 | −0.089% | $794K | $888K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05613 | +0.089% | $177K | $58K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05607 | −0.018% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTMshort | +0.0100% | 4h | 0.05612 | +0.071% | $516K | $39K | 30x | |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05606 | −0.036% | $821K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0106% | 4h | 0.05617 | +0.152% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.0187% | 4h | 0.05602 | −0.107% | $793K | $326K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.0290% | 4h | 0.05612 | +0.071% | — | $2.3M | — | as long as short |
| Kraken Futures PF_ONTUSD | +0.0894% | 1h | 0.05603 | −0.085% | $9K | $352 | 10x | as long as short |
BloFin ONT-USDT
KuCoin ONTUSDTM
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
Bitget ONTUSDT
Variational Omni ONT
Bybit ONTUSDT
BingX ONT-USDT
Kraken Futures PF_ONTUSD