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

OGN

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Bybit+0.141%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$633as in the Funding arb table
Net, price: spread back to 7d avg − costs−$630as in the Price arb table
costs, in and out, $10k−$6376.368% 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)−0.047%−$5 · spread now +0.141%, 7d avg +0.075%
Together, before fees−0.005%$0 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: Bitget is 0.065% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OGNUSDT0.019870.0100pay 0.0100% / 8h34m 16s$462K$83K25x
ShortBitget OGNUSDT0.019900.0100get 0.0050% / 4h34m 16s$548K$101K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.141% → +0.075%
$6.55
Slippage, 4 orders
−$613.83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$630.28
Costs to cover
6.368%
Break-even
never at this rate
Slippage from Bybit: live order book, 36 min ago; Bitget: live order book, 41 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, 36 min ago3.80 bp305.7 bp −$306doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago5.05 bp43.2 bp −$43292.8 bp −$2,928doesn'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−0.0171%1h0.01990+0.143%$39K$4K10xas long as short
Aster OGNUSDT+0.0100%4h0.01988+0.049%$6K$5865xas long as short
Binance OGNUSDT+0.0100%4h0.01988+0.040%$1.2M$958K25xas long as short
Bybit OGNUSDTlong+0.0100%8h0.01987long leg$462K$83K25x
Gate OGN_USDT+0.0100%4h0.01988+0.040%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01988+0.040%$368K$146K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01986−0.060%$325K$21K25xas long as short
Bitget OGNUSDTshort+0.0100%4h0.01990+0.141%$548K$101K25x