Funding you earn now, next payment 08:00 UTC−0.0990%/8h= −108.4% APRnext payment −$4.95 per $10,000 · paid last 24h −0.521%
Price spread now: OKX against Bybit0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days−0.490%−$49 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.490% in total (about -25.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONTUSDT | 0.05591 | 0.0982 | pay 0.0491% / 4h | 15m 45s | $794K | $311K | 25x |
| Short | OKX ONT-USDT-SWAP | 0.05591 | −0.0008 | pay 0.0004% / 4h | 15m 45s | $781K | $899K | 20x |
Bybit ONTUSDT
OKX ONT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$207.85
- Price spread: 0.000% → −0.013%
- $1.3
- Slippage, 4 orders
- −$98.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$325.61
- Costs to cover
- 1.191%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 19 min ago; OKX: live order book, 20 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, 19 min ago | 3.58 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 20 min ago | 1.79 bp | 16.4 bp −$16 | 68.9 bp −$689 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAPshort | −0.0008% | 4h | 0.05591 | 0.000% | $781K | $899K | 20x | |
| BloFin ONT-USDT | +0.0062% | 4h | 0.05597 | +0.107% | $129K | $15K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05600 | +0.161% | $26K | $168 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05598 | +0.123% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05597 | +0.107% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05596 | +0.089% | $1.5M | $152K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05599 | +0.143% | $514K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05593 | +0.036% | $800K | $281K | 50x | as long as short |
| Variational Omni ONT | +0.0671% | 4h | 0.05588 | −0.051% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0888% | 4h | 0.05594 | +0.054% | — | $2.3M | — | as long as short |
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTlong | +0.0982% | 4h | 0.05591 | long leg | $794K | $311K | 25x | |
| Kraken Futures PF_ONTUSD | +0.1062% | 1h | 0.05596 | +0.098% | $9K | $397 | 10x | as long as short |
Kraken Futures PF_ONTUSD