Funding you earn now, next payment 04:00 UTC+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h +0.472%
Price spread now: BingX against Gate−0.054%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
Funding, last 7 days+0.465%+$46 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.054%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$23 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 0.465% in total (about 24.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.83 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 | Gate ONT_USDT | 0.05607 | 0.0100 | pay 0.0050% / 4h | 45m 15s | $178K | $55K | 50x |
| Short | BingX ONT-USDT | 0.05604 | 0.0866 | get 0.0433% / 4h | 45m 15s | — | $2.3M | — |
Gate ONT_USDT
BingX ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $160.86
- Price spread: −0.054% → −0.054%
- $0.03
- Slippage, 4 orders
- −$88.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $47.48
- Costs to cover
- 1.134%
- Break-even
- 4.9 days
Slippage from Gate: live order book, 6 min ago; BingX: live order book, 3 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 Gate live order book, 6 min ago | 4.45 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 3.57 bp | 16.9 bp −$17 | 44.5 bp −$445 | 520.7 bp −$52.1K | 1036.9 bp −$518.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDT | +0.0086% | 4h | 0.05611 | +0.071% | $131K | $24K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05608 | +0.009% | $26K | $537 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05608 | +0.012% | $2.4M | $2.7M | 50x | as long as short |
| OKX ONT-USDT-SWAP | +0.0100% | 4h | 0.05602 | −0.089% | $796K | $898K | 20x | as long as short |
| Gate ONT_USDTlong | +0.0100% | 4h | 0.05607 | long leg | $178K | $55K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05606 | −0.018% | $1.4M | $151K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05606 | −0.018% | $517K | $41K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05605 | −0.036% | $798K | $280K | 50x | as long as short |
| Variational Omni ONT | +0.0720% | 4h | 0.05601 | −0.108% | $4K | $3K | — | as long as short |
| Bybit ONTUSDT | +0.0840% | 4h | 0.05602 | −0.089% | $791K | $332K | 25x | as long as short |
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
OKX ONT-USDT-SWAP
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
Bybit ONTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDTshort | +0.0866% | 4h | 0.05604 | −0.054% | — | $2.3M | — | |
| Kraken Futures PF_ONTUSD | +0.0986% | 1h | 0.05607 | +0.006% | $9K | $301 | 10x | as long as short |
Kraken Futures PF_ONTUSD