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

OGN

all OGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.015%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$588as in the Funding arb table
Net, price: spread back to 7d avg − costs−$578as in the Price arb table
costs, in and out, $10k−$5835.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.015%, 7d avg −0.072%
Together, before fees−0.122%−$12 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 0.057% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OGNUSDT0.019380.0100pay 0.0050% / 4h1h 08m$532K$101K25x
ShortBybit OGNUSDT0.019380.0100get 0.0100% / 8h1h 08m$448K$96K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.015% → −0.072%
$5.68
Slippage, 4 orders
−$560.3
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$577.62
Costs to cover
5.833%
Break-even
never at this rate
Slippage from Bitget: live order book, 31 min ago; Bybit: live order book, 26 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 Bitget live order book, 31 min ago10.32 bp37.6 bp −$38597.0 bp −$5,970doesn't fitdoesn't fit
Sell Bybit live order book, 26 min ago7.25 bp210.8 bp −$211doesn'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
Aster OGNUSDT+0.0100%4h0.01938+0.023%$5K$7425xas long as short
Binance OGNUSDT+0.0100%4h0.01939+0.052%$1.3M$1.1M25xas long as short
Bybit OGNUSDTshort+0.0100%8h0.01938−0.015%$448K$96K25x
Gate OGN_USDT+0.0100%4h0.01936−0.103%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.019380.000%$393K$132K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.019380.000%$304K$20K25xas long as short
Bitget OGNUSDTlong+0.0100%4h0.01938long leg$532K$101K25x
Kraken Futures PF_OGNUSD+0.1378%1h0.01937−0.047%$37K$4K10xas long as short