Settings8H · net · $10k
Funding arb · Price arb /

OGN

all OGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance0.000%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now 0.000%, 7d avg +0.021%
Together, before fees+0.051%+$5 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: Bitget is 0.021% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OGNUSDT0.019750.0100pay 0.0050% / 4h2h 40m$1.2M$941K25x
ShortBitget OGNUSDT0.019750.0100get 0.0050% / 4h2h 40m$544K$103K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: 0.000% → +0.021%
−$2.12
Slippage, 4 orders
−$102.05
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$126.17
Costs to cover
1.240%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago2.52 bp29.4 bp −$29208.6 bp −$2,086doesn't fitdoesn't fit
Sell Bitget live order book, 44 min ago2.51 bp25.2 bp −$25175.2 bp −$1,752doesn't fitdoesn't fit

OGN on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_OGNUSD−0.0256%1h0.01976+0.036%$38K$4K10xas long as short
Aster OGNUSDT+0.0100%4h0.01977+0.078%$6K$5865xas long as short
Binance OGNUSDTlong+0.0100%4h0.01975long leg$1.2M$941K25x
Bybit OGNUSDT+0.0100%8h0.01974−0.046%$462K$78K25xas long as short
Gate OGN_USDT+0.0100%4h0.01976+0.051%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.019750.000%$366K$146K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01979+0.203%$324K$21K25xas long as short
Bitget OGNUSDTshort+0.0100%4h0.019750.000%$544K$103K25x