Settings8H · net · $10k
Funding arb · Price arb /

ONT

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$6236.229% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.465%−$46 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ONT-USDT0.056080.0091pay 0.0045% / 4h2h 46m$129K$14K50x
ShortKuCoin ONTUSDTM0.056120.0100get 0.0050% / 4h2h 46m$516K$39K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 25 min ago6.24 bp19.7 bp −$2039.7 bp −$397doesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago7.16 bp396.3 bp −$396doesn't fitdoesn't fitdoesn't fit

ONT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ONT-USDTlong+0.0091%4h0.05608long leg$129K$14K50x
Aster ONTUSDT+0.0100%4h0.05613+0.090%$27K$5375xas long as short
Binance ONTUSDT+0.0100%4h0.05607−0.018%$2.4M$2.6M50xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05603−0.089%$794K$888K20xas long as short
Gate ONT_USDT+0.0100%4h0.05613+0.089%$177K$58K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05607−0.018%$1.4M$151K50xas long as short
KuCoin ONTUSDTMshort+0.0100%4h0.05612+0.071%$516K$39K30x
Bitget ONTUSDT+0.0100%4h0.05606−0.036%$821K$272K50xas long as short
Variational Omni ONT+0.0106%4h0.05617+0.152%$4K$3Kas long as short
Bybit ONTUSDT+0.0187%4h0.05602−0.107%$793K$326K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ONT-USDT+0.0290%4h0.05612+0.071%$2.3Mas long as short
Kraken Futures PF_ONTUSD+0.0894%1h0.05603−0.085%$9K$35210xas long as short