Funding arb · Price arb /

ONT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.107%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$396as in the Funding arb table

Net, price: spread back to 7d avg − costs−$373as in the Price arb table

costs, in and out, $10k−$3823.819% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.138%−$14 on $10k

Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.107%, 7d avg +0.015%

Together, before fees−0.303%−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.092% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ONT_USDT	0.05621	0.0100	pay 0.0050% / 4h	2h 57m	$1.6M	$160K	50x
Short	KuCoin ONTUSDTM	0.05627	0.0100	get 0.0050% / 4h	2h 57m	$515K	$33K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → +0.015%: $9.19
Slippage, 4 orders: −$365.91
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$372.71
Costs to cover: 3.819%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 26 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, 4 min ago	0.89 bp	11.8 bp −$12	26.1 bp −$261	544.5 bp −$54.5K	doesn't fit
Sell KuCoin live order book, 26 min ago	7.13 bp	206.7 bp −$207	doesn't fit	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	−0.0029%	4h	0.05618	−0.053%	$786K	$889K	20x	as long as short
BloFin ONT-USDT	+0.0042%	4h	0.05627	+0.107%	$127K	$15K	50x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05625	+0.076%	$27K	$168	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05621	0.000%	$2.4M	$2.6M	50x	as long as short
Bybit ONTUSDT	+0.0100%	4h	0.05617	−0.071%	$790K	$315K	25x	as long as short
Gate ONT_USDT	+0.0100%	4h	0.05621	0.000%	$172K	$57K	50x	as long as short
MEXC ONT_USDTlong	+0.0100%	4h	0.05621	long leg	$1.6M	$160K	50x
KuCoin ONTUSDTMshort	+0.0100%	4h	0.05627	+0.107%	$515K	$33K	30x
Bitget ONTUSDT	+0.0100%	4h	0.05623	+0.036%	$797K	$282K	50x	as long as short
BingX ONT-USDT	+0.0100%	4h	0.05619	−0.036%	—	$2.3M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ONT	+0.0100%	4h	0.05626	+0.088%	$4K	$3K	—	as long as short
Kraken Futures PF_ONTUSD	+0.0683%	1h	0.05636	+0.270%	$9K	$397	10x	as long as short