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% APRpaid last 24h 0.000%
Price spread now: Binance against Bybit+0.162%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$705as in the Funding arb table
Net, price: spread back to 7d avg − costs−$695as 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)−0.096%−$10 · spread now +0.162%, 7d avg +0.054%
Together, before fees−0.089%−$9 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: Binance is 0.108% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OGNUSDT0.019770.0100pay 0.0100% / 8h6h 07m$459K$86K25x
ShortBinance OGNUSDT0.019800.0100get 0.0050% / 4h2h 07m$1.3M$981K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.162% → +0.054%
$10.81
Slippage, 4 orders
−$684.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$694.87
Costs to cover
7.057%
Break-even
never at this rate
Slippage from Bybit: live order book, 52 min ago; Binance: live order book, 10 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 Bybit live order book, 52 min ago7.84 bp353.7 bp −$354doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago2.52 bp30.0 bp −$30224.4 bp −$2,244doesn'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%1h0.01983+0.265%$38K$4K10xas long as short
Aster OGNUSDT+0.0100%4h0.01978+0.059%$6K$5865xas long as short
Binance OGNUSDTshort+0.0100%4h0.01980+0.162%$1.3M$981K25x
Bybit OGNUSDTlong+0.0100%8h0.01977long leg$459K$86K25x
Gate OGN_USDT+0.0100%4h0.01979+0.086%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01980+0.137%$364K$147K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01975−0.116%$318K$19K25xas long as short
Bitget OGNUSDT+0.0100%4h0.01979+0.086%$544K$98K25xas long as short