Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Bybit+0.161%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.161%, 7d avg +0.003%
=The price spread pays, funding is against you. BingX is 0.158% dearer against Bybit than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.003%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05599 | 0.1686 | pay 0.0843% / 4h | 1h 25m | $796K | $319K | 25x |
| Short | BingX ONT-USDT | 0.05608 | 0.1632 | get 0.0816% / 4h | 1h 25m | — | $2.3M | — |
Bybit ONTUSDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$11.37
- Price spread: +0.161% → +0.003%
- $15.82
- Slippage, 4 orders
- −$116.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.97
- Costs to cover
- 1.374%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 55 min ago; BingX: live order book, 8 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 Bybit live order book, 55 min ago | 3.56 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 3.57 bp | 15.2 bp −$15 | 42.2 bp −$422 | 572.9 bp −$57.3K | 1119.6 bp −$559.8K |
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 | +0.217% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAP | −0.0094% | 4h | 0.05608 | +0.161% | $807K | $889K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05613 | +0.244% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05611 | +0.214% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05611 | +0.214% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05608 | +0.161% | $1.5M | $137K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05608 | +0.161% | $522K | $52K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05611 | +0.214% | $813K | $316K | 50x | as long as short |
| BloFin ONT-USDT | +0.0148% | 4h | 0.05610 | +0.196% | $132K | $25K | 50x | as long as short |
| Variational Omni ONT | +0.1268% | 4h | 0.05597 | −0.039% | $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
BloFin ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTshort | +0.1632% | 4h | 0.05608 | +0.161% | — | $2.3M | — | |
| Bybit ONTUSDTlong | +0.1686% | 4h | 0.05599 | long leg | $796K | $319K | 25x |