ONT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0952%/8h= +104.2% APRnext payment +$4.76 per $10,000 · paid last 24h +0.472%

Price spread now: BingX against OKX0.000%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$710.713% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.540%+$54 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now 0.000%, 7d avg +0.029%

Together, before fees+0.551%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.540% in total) that is about 9 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.540% in total (about 28.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.76 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	OKX ONT-USDT-SWAP	0.05636	0.0100	pay 0.0050% / 4h	3h 32m	$796K	$879K	20x
Short	BingX ONT-USDT	0.05636	0.1052	get 0.0526% / 4h	3h 32m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $199.92
Price spread: 0.000% → +0.029%: −$2.89
Slippage, 4 orders: −$51.31
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $125.72
Costs to cover: 0.713%
Break-even: 2.6 days

Slippage from OKX: live order book, 39 min ago; BingX: live order book, 11 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 OKX live order book, 39 min ago	1.78 bp	17.1 bp −$17	73.0 bp −$730	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	4.42 bp	16.8 bp −$17	42.4 bp −$424	464.9 bp −$46.5K	1045.1 bp −$522.6K

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
Kraken Futures PF_ONTUSD	0.0000%	1h	0.05638	+0.035%	$9K	$236	10x	as long as short
BloFin ONT-USDT	+0.0058%	4h	0.05646	+0.177%	$132K	$23K	50x	as long as short
Aster ONTUSDT	+0.0100%	4h	0.05643	+0.116%	$27K	$388	5x	as long as short
Binance ONTUSDT	+0.0100%	4h	0.05638	+0.035%	$2.4M	$2.6M	50x	as long as short
OKX ONT-USDT-SWAPlong	+0.0100%	4h	0.05636	long leg	$796K	$879K	20x
Gate ONT_USDT	+0.0100%	4h	0.05640	+0.071%	$175K	$56K	50x	as long as short
MEXC ONT_USDT	+0.0100%	4h	0.05637	+0.018%	$1.5M	$151K	50x	as long as short
KuCoin ONTUSDTM	+0.0100%	4h	0.05642	+0.106%	$525K	$45K	30x	as long as short
Bitget ONTUSDT	+0.0100%	4h	0.05635	−0.018%	$802K	$318K	50x	as long as short
BingX ONT-USDTshort	+0.1052%	4h	0.05636	0.000%	—	$2.3M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ONT	+0.1112%	4h	0.05632	−0.069%	$4K	$3K	—	as long as short
Bybit ONTUSDT	+0.1324%	4h	0.05632	−0.071%	$801K	$314K	25x	as long as short