Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.521%
Price spread now: Gate against Bybit+0.143%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.143%, 7d avg +0.066%
=The price spread pays, funding is against you. Gate is 0.077% dearer against Bybit than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.066%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.423% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05583 | 0.0193 | pay 0.0097% / 4h | 3h 00m | $790K | $326K | 25x |
| Short | Gate ONT_USDT | 0.05591 | 0.0100 | get 0.0050% / 4h | 3h 00m | $173K | $56K | 50x |
Bybit ONTUSDT
Gate ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$19.6
- Price spread: +0.143% → +0.066%
- $7.73
- Slippage, 4 orders
- −$123.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$160.92
- Costs to cover
- 1.490%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; Gate: live order book, 46 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, 50 min ago | 2.66 bp | 45.2 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 3.55 bp | 23.2 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.0070% | 4h | 0.05584 | +0.018% | — | $2.3M | — | as long as short |
| BloFin ONT-USDT | +0.0091% | 4h | 0.05578 | −0.090% | $129K | $14K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05588 | +0.088% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05586 | +0.058% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05580 | −0.054% | $792K | $889K | 20x | as long as short |
| Gate ONT_USDTshort | +0.0100% | 4h | 0.05591 | +0.143% | $173K | $56K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05586 | +0.054% | $1.4M | $155K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05586 | +0.054% | $514K | $39K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05587 | +0.072% | $818K | $274K | 50x | as long as short |
| Variational Omni ONT | +0.0119% | 4h | 0.05583 | −0.009% | $4K | $3K | — | as long as short |
BingX ONT-USDT
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
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 ONTUSDTlong | +0.0193% | 4h | 0.05583 | long leg | $790K | $326K | 25x | |
| Kraken Futures PF_ONTUSD | +0.0986% | 1h | 0.05590 | +0.121% | $9K | $317 | 10x | as long as short |
Kraken Futures PF_ONTUSD