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

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.049%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.049%, 7d avg −0.057%
Together, before fees−0.160%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.107% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONT_USDT0.056100.0100pay 0.0050% / 4h3h 56m$172K$58K50x
ShortBinance ONTUSDT0.056130.0100get 0.0050% / 4h3h 56m$2.4M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$0
Price spread: +0.049% → −0.057%
$10.67
Slippage, 4 orders
−$83.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$97.67
Costs to cover
1.083%
Break-even
never at this rate
Slippage from Gate: live order book, 34 min ago; Binance: live order book, 9 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 Gate live order book, 34 min ago4.47 bp44.3 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.89 bp14.8 bp −$1546.7 bp −$467doesn'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
OKX ONT-USDT-SWAP−0.0042%4h0.05604−0.107%$782K$902K20xas long as short
Aster ONTUSDT+0.0100%4h0.05614+0.068%$27K$1685xas long as short
Binance ONTUSDTshort+0.0100%4h0.05613+0.049%$2.4M$2.7M50x
Bybit ONTUSDT+0.0100%4h0.05603−0.125%$792K$318K25xas long as short
Gate ONT_USDTlong+0.0100%4h0.05610long leg$172K$58K50x
MEXC ONT_USDT+0.0100%4h0.05613+0.053%$1.5M$149K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05614+0.071%$515K$37K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05611+0.018%$803K$282K50xas long as short
BloFin ONT-USDT+0.0143%4h0.05608−0.036%$127K$15K50xas long as short
BingX ONT-USDT+0.0466%4h0.05607−0.053%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ONT+0.0566%4h0.05592−0.316%$4K$3Kas long as short
Kraken Futures PF_ONTUSD+0.0912%1h0.05655+0.808%$9K$39710xas long as short