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

OGN

all OGN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h −0.142%
Price spread now: Kraken Futures against Bitget−0.021%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.021% cheaper against Bitget than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OGNUSDT0.019430.0100pay 0.0050% / 4h3h 39m$537K$104K25x
ShortKraken Futures PF_OGNUSD0.019430.0289get 0.0036% / 1h39m 24s$38K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$39.72
Price spread: −0.021% → 0.000%
−$2.11
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$15.61
Costs to cover
0.220%
Break-even
4.2 days
Slippage unknown: Bitget: live order book, 55 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 55 min ago10.35 bp33.1 bp −$33591.1 bp −$5,911doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.01942−0.035%$5K$9035xas long as short
Binance OGNUSDT+0.0100%4h0.01943−0.025%$1.3M$1.1M25xas long as short
Bybit OGNUSDT+0.0100%8h0.01943−0.005%$449K$104K25xas long as short
Gate OGN_USDT+0.0100%4h0.01939−0.206%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01942−0.051%$375K$134K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01945+0.103%$305K$20K25xas long as short
Bitget OGNUSDTlong+0.0100%4h0.01943long leg$537K$104K25x
Kraken Futures PF_OGNUSDshort+0.0289%1h0.01943−0.021%$38K$4K10x