Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against OKX+0.196%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.196%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.118% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONT-USDT-SWAP | 0.05609 | 0.0070 | pay 0.0035% / 4h | 2h 14m | $803K | $878K | 20x |
| Short | Gate ONT_USDT | 0.05620 | 0.0100 | get 0.0050% / 4h | 2h 14m | $172K | $61K | 50x |
OKX ONT-USDT-SWAP
Gate ONT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $6.32
- Price spread: +0.196% → +0.078%
- $11.78
- Slippage, 4 orders
- −$82.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$88.91
- Costs to cover
- 1.070%
- Break-even
- 105.5 days
Slippage from OKX: live order book, 7 min ago; Gate: live order book, 2 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, 7 min ago | 4.45 bp | 19.8 bp −$20 | 81.0 bp −$810 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.67 bp | 29.3 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | −0.0088% | 1h | 0.05618 | +0.164% | $9K | $231 | 10x | as long as short |
| BloFin ONT-USDT | +0.0065% | 4h | 0.05620 | +0.196% | $131K | $26K | 50x | as long as short |
| OKX ONT-USDT-SWAPlong | +0.0070% | 4h | 0.05609 | long leg | $803K | $878K | 20x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05621 | +0.215% | $27K | $388 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05618 | +0.160% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDTshort | +0.0100% | 4h | 0.05620 | +0.196% | $172K | $61K | 50x | |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05617 | +0.143% | $1.4M | $139K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05621 | +0.214% | $523K | $54K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05617 | +0.143% | $810K | $316K | 50x | as long as short |
| Variational Omni ONT | +0.1556% | 4h | 0.05609 | +0.004% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1864% | 4h | 0.05612 | +0.053% | — | $2.3M | — | as long as short |
| Bybit ONTUSDT | +0.1899% | 4h | 0.05608 | −0.018% | $799K | $319K | 25x | as long as short |
BingX ONT-USDT
Bybit ONTUSDT