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

OGN

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Binance−0.010%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$706as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$7067.057% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.010%, 7d avg −0.054%
Together, before fees−0.062%−$6 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: Bybit is 0.043% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OGNUSDT0.019810.0100pay 0.0050% / 4h2h 09m$1.3M$980K25x
ShortBybit OGNUSDT0.019800.0100get 0.0100% / 8h6h 09m$460K$86K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.010% → −0.054%
$4.34
Slippage, 4 orders
−$684.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$701.34
Costs to cover
7.057%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 50 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, 8 min ago2.52 bp35.0 bp −$35363.7 bp −$3,637doesn't fitdoesn't fit
Sell Bybit live order book, 50 min ago7.84 bp287.0 bp −$287doesn't fitdoesn'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+0.0096%1h0.01981+0.026%$38K$4K10xas long as short
Aster OGNUSDT+0.0100%4h0.01981+0.005%$6K$5865xas long as short
Binance OGNUSDTlong+0.0100%4h0.01981long leg$1.3M$980K25x
Bybit OGNUSDTshort+0.0100%8h0.01980−0.010%$460K$86K25x
Gate OGN_USDT+0.0100%4h0.01981+0.025%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01981+0.025%$364K$147K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01980−0.025%$318K$19K25xas long as short
Bitget OGNUSDT+0.0100%4h0.01981+0.025%$545K$99K25xas long as short