ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0776%/8h= +85.0% APRnext payment +$3.88 per $10,000 · paid last 24h +0.496%

Price spread now: BingX against MEXC−0.107%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$600.600% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.508%+$51 on $10k

Price spread, last 7 days+0.134%+$13 · spread now −0.107%, 7d avg +0.014%

Together, before fees+0.642%+$64 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.122% cheaper against MEXC than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.014%). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.508% in total) that is about 40 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.508% in total (about 26.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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	MEXC ONT_USDT	0.05589	0.0100	pay 0.0050% / 4h	18m 07s	$1.5M	$152K	50x
Short	BingX ONT-USDT	0.05583	0.0876	get 0.0438% / 4h	18m 07s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now −0.107%Rate

Funding earned: $162.96
Price spread: −0.107% → +0.014%: −$12.16
Slippage, 4 orders: −$45.96
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $90.84
Costs to cover: 0.600%
Break-even: 3.1 days

Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 5 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 MEXC live order book, 3 min ago	0.90 bp	14.7 bp −$15	38.1 bp −$381	578.9 bp −$57.9K	doesn't fit
Sell BingX live order book, 5 min ago	3.58 bp	18.0 bp −$18	45.4 bp −$454	574.0 bp −$57.4K	1159.5 bp −$579.8K

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	−0.0003%	4h	0.05585	−0.072%	$780K	$898K	20x	as long as short
BloFin ONT-USDT	+0.0076%	4h	0.05590	+0.018%	$128K	$15K	50x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05591	+0.032%	$26K	$168	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05590	+0.013%	$2.4M	$2.7M	50x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05588	−0.018%	$171K	$60K	50x	as long as short
MEXC ONT_USDTlong	+0.0100%	4h	0.05589	long leg	$1.5M	$152K	50x
KuCoin ONTUSDTM	+0.0100%	4h	0.05590	+0.018%	$513K	$38K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05583	−0.107%	$799K	$281K	50x	as long as short
Variational Omni ONT	+0.0580%	4h	0.05570	−0.340%	$4K	$3K	—	as long as short
BingX ONT-USDTshort	+0.0876%	4h	0.05583	−0.107%	—	$2.3M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ONTUSDT	+0.0947%	4h	0.05583	−0.107%	$793K	$311K	25x	as long as short
Kraken Futures PF_ONTUSD	+0.1063%	1h	0.05589	+0.003%	$9K	$397	10x	as long as short