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

ONT

all ONT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.022%
Price spread now: BloFin against Kraken Futures−0.350%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.350% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.350% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 21 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ONTUSD0.056910.0000pay 0.0000% / 1h52m 52s$9K$23110x
ShortBloFin ONT-USDT0.056710.0056get 0.0028% / 4h3h 52m$131K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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
$11.76
Price spread: −0.350% → 0.000%
−$35
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$45.24
Costs to cover
0.220%
Break-even
33.9 days
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BloFin live order book, 3 min ago0.88 bp15.5 bp −$1525.4 bp −$254doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ONTUSDlong0.0000%1h0.05691long leg$9K$23110x
BloFin ONT-USDTshort+0.0056%4h0.05671−0.350%$131K$23K50x
Aster ONTUSDT+0.0100%4h0.05674−0.289%$27K$3885xas long as short
Binance ONTUSDT+0.0100%4h0.05671−0.349%$2.4M$2.6M50xas long as short
Bybit ONTUSDT+0.0100%4h0.05660−0.543%$803K$309K25xas long as short
OKX ONT-USDT-SWAP+0.0100%4h0.05665−0.455%$800K$875K20xas long as short
Gate ONT_USDT+0.0100%4h0.05668−0.403%$174K$55K50xas long as short
MEXC ONT_USDT+0.0100%4h0.05672−0.332%$1.5M$150K50xas long as short
KuCoin ONTUSDTM+0.0100%4h0.05671−0.350%$528K$48K30xas long as short
Bitget ONTUSDT+0.0100%4h0.05673−0.315%$827K$298K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ONT+0.1219%4h0.05652−0.688%$4K$3Kas long as short
BingX ONT-USDT+0.2100%4h0.05669−0.385%$2.3Mas long as short