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

OGN

all OGN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.050%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.050%, 7d avg +0.024%
Together, before fees+0.131%+$13 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 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OGN_USDT0.019870.0100pay 0.0050% / 4h30m 02s$368K$146K50x
ShortBitget OGNUSDT0.019860.0100get 0.0050% / 4h30m 02s$547K$101K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: −0.050% → +0.024%
−$7.45
Slippage, 4 orders
−$106.71
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$130.17
Costs to cover
1.227%
Break-even
never at this rate
Slippage from MEXC: live order book, 30 min ago; Bitget: live order book, 45 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 MEXC live order book, 30 min ago2.52 bp18.2 bp −$18100.0 bp −$1,000460.1 bp −$46.0Kdoesn't fit
Sell Bitget live order book, 45 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−0.0172%1h0.01987+0.015%$38K$4K10xas long as short
Aster OGNUSDT+0.0100%4h0.01985−0.080%$6K$5865xas long as short
Binance OGNUSDT+0.0100%4h0.019870.000%$1.2M$961K25xas long as short
Bybit OGNUSDT+0.0100%8h0.01986−0.040%$461K$83K25xas long as short
Gate OGN_USDT+0.0100%4h0.01982−0.252%$26K$5K20xas long as short
MEXC OGN_USDTlong+0.0100%4h0.01987long leg$368K$146K50x
KuCoin OGNUSDTM+0.0100%4h0.01986−0.050%$325K$20K25xas long as short
Bitget OGNUSDTshort+0.0100%4h0.01986−0.050%$547K$101K25x