Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate−0.071%93s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.089% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.622%+$62 · spread now −0.071%, 7d avg −0.047%
=Funding pays, the price is against you. BloFin is 0.024% cheaper against Gate than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.047%). If the spread goes back, that is −$2 on $10k: about 36 hours of funding at the current rate (+$2 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONT_USDT | 0.05640 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $173K | $58K | 50x |
| Short | BloFin ONT-USDT | 0.05636 | 0.0152 | get 0.0076% / 4h | 3h 01m | $128K | $14K | 50x |
Gate ONT_USDT
BloFin ONT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $10.91
- Price spread: −0.071% → −0.047%
- −$2.37
- Slippage, 4 orders
- −$81.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.34
- Costs to cover
- 1.089%
- Break-even
- 71.4 days
Slippage from Gate: live order book, 24 min ago; BloFin: live order book, 54 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, 24 min ago | 5.37 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 2.68 bp | 11.4 bp −$11 | 27.6 bp −$276 | 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-SWAP | −0.0016% | 4h | 0.05629 | −0.195% | $788K | $891K | 20x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05637 | −0.055% | $27K | $168 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05635 | −0.092% | $2.4M | $2.6M | 50x | as long as short |
| Bybit ONTUSDT | +0.0100% | 4h | 0.05628 | −0.213% | $792K | $316K | 25x | as long as short |
| Gate ONT_USDTlong | +0.0100% | 4h | 0.05640 | long leg | $173K | $58K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05636 | −0.071% | $1.6M | $165K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05633 | −0.124% | $515K | $33K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05634 | −0.106% | $799K | $282K | 50x | as long as short |
| BingX ONT-USDT | +0.0100% | 4h | 0.05633 | −0.124% | — | $2.3M | — | as long as short |
| Variational Omni ONT | +0.0100% | 4h | 0.05636 | −0.070% | $4K | $3K | — | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Bybit ONTUSDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BingX ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ONT-USDTshort | +0.0152% | 4h | 0.05636 | −0.071% | $128K | $14K | 50x | |
| Kraken Futures PF_ONTUSD | +0.0916% | 1h | 0.05631 | −0.156% | $9K | $397 | 10x | as long as short |
Kraken Futures PF_ONTUSD