Funding you earn now, next payment 06:00 UTC+0.0602%/8h= +65.9% APRpaid last 24h −0.450%
Price spread now: Kraken Futures against Bybit+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05616 | 0.0290 | pay 0.0145% / 4h | 2h 49m | $795K | $326K | 25x |
| Short | Kraken Futures PF_ONTUSD | 0.05618 | 0.0892 | get 0.0111% / 1h | 49m 08s | $9K | $343 | 10x |
Bybit ONTUSDT
Kraken Futures PF_ONTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $126.32
- Price spread: +0.040% → 0.000%
- $3.96
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $109.28
- Costs to cover
- 0.210%
- Break-even
- 0.9 days
Slippage unknown: Bybit: live order book, 61 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 61 min ago | 2.66 bp | 45.2 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ONTUSDT | +0.0100% | 4h | 0.05617 | +0.019% | $27K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05616 | 0.000% | $2.4M | $2.6M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05613 | −0.053% | $795K | $890K | 20x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05616 | 0.000% | $177K | $58K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05616 | 0.000% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05615 | −0.018% | $517K | $39K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05615 | −0.018% | $822K | $272K | 50x | as long as short |
| Variational Omni ONT | +0.0106% | 4h | 0.05617 | +0.009% | $4K | $3K | — | as long as short |
| BloFin ONT-USDT | +0.0120% | 4h | 0.05614 | −0.036% | $129K | $14K | 50x | as long as short |
| BingX ONT-USDT | +0.0254% | 4h | 0.05614 | −0.036% | — | $2.3M | — | as long as short |
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BloFin ONT-USDT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTlong | +0.0290% | 4h | 0.05616 | long leg | $795K | $326K | 25x | |
| Kraken Futures PF_ONTUSDshort | +0.0892% | 1h | 0.05618 | +0.040% | $9K | $343 | 10x |