Funding you earn now, next payment 22:00 UTC+0.1561%/8h= +171.0% APRpaid last 24h +0.413%
Price spread now: Bybit against Kraken Futures−0.240%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.240% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.240% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 12 hours of funding at the current rate (+$47 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ONTUSD | 0.05604 | −0.0088 | get 0.0011% / 1h | 0m 28s | $9K | $231 | 10x |
| Short | Bybit ONTUSDT | 0.05591 | 0.1474 | get 0.0737% / 4h | 2h 00m | $797K | $320K | 25x |
Kraken Futures PF_ONTUSD
Bybit ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $327.91
- Price spread: −0.240% → 0.000%
- −$23.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $282.96
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 19 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 19 min ago | 3.56 bp | 52.9 bp −$53 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAP | −0.0100% | 4h | 0.05604 | −0.008% | $802K | $878K | 20x | as long as short |
| Kraken Futures PF_ONTUSDlong | −0.0088% | 1h | 0.05604 | long leg | $9K | $231 | 10x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05607 | +0.047% | $26K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05600 | −0.070% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | +0.099% | $172K | $61K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05602 | −0.043% | $1.4M | $140K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05609 | +0.082% | $522K | $54K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05602 | −0.043% | $808K | $313K | 50x | as long as short |
| BloFin ONT-USDT | +0.0139% | 4h | 0.05606 | +0.028% | $132K | $25K | 50x | as long as short |
| Variational Omni ONT | +0.1361% | 4h | 0.05592 | −0.226% | $4K | $3K | — | as long as short |
OKX ONT-USDT-SWAP
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
BloFin ONT-USDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDTshort | +0.1474% | 4h | 0.05591 | −0.240% | $797K | $320K | 25x | |
| BingX ONT-USDT | +0.1544% | 4h | 0.05600 | −0.079% | — | $2.3M | — | as long as short |
BingX ONT-USDT