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

OGN

all OGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.101%7-day average −0.023% · 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−$103as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.101%, 7d avg −0.023%
Together, before fees−0.109%−$11 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: MEXC is 0.124% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OGNUSDT0.019870.0100pay 0.0050% / 4h29m 29s$548K$97K25x
ShortMEXC OGN_USDT0.019890.0100get 0.0050% / 4h29m 29s$365K$143K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.101% → −0.023%
$12.37
Slippage, 4 orders
−$99.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$102.89
Costs to cover
1.153%
Break-even
never at this rate
Slippage from Bitget: live order book, 25 min ago; MEXC: live order book, 11 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, 25 min ago5.04 bp42.7 bp −$43543.9 bp −$5,439doesn't fitdoesn't fit
Sell MEXC live order book, 11 min ago2.53 bp19.4 bp −$1996.6 bp −$966454.3 bp −$45.4Kdoesn'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%4h0.01986−0.040%$6K$5865xas long as short
Binance OGNUSDT+0.0100%4h0.01990+0.142%$1.3M$993K25xas long as short
Bybit OGNUSDT+0.0100%8h0.019870.000%$461K$89K25xas long as short
Gate OGN_USDT+0.0100%4h0.01982−0.252%$26K$5K20xas long as short
MEXC OGN_USDTshort+0.0100%4h0.01989+0.101%$365K$143K50x
KuCoin OGNUSDTM+0.0100%4h0.01982−0.252%$314K$19K25xas long as short
Bitget OGNUSDTlong+0.0100%4h0.01987long leg$548K$97K25x
Kraken Futures PF_OGNUSD+0.0733%1h0.01984−0.164%$38K$4K10xas long as short