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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0390%/8h= −42.8% APRnext payment $0.49 per $10,000 · paid last 24h −0.181%
Price spread now: Extended against Aster−0.032%7-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 7 days−0.159%−$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Extended is 0.032% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.159% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09202−0.0418get 0.0052% / 1h44m 34s$82K$73K5x
ShortExtended ONG-USD0.09199−0.0808pay 0.0101% / 1h44m 34s$174K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
−$82
Price spread: −0.032% → 0.000%
−$3.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$98.25
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Extended: live order book, 17 min ago. 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 Aster no order-book sample
Sell Extended live order book, 17 min ago0.60 bp23.0 bp −$23142.3 bp −$1,423doesn't fitdoesn't fit
Aster: 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.

ONG on 10 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
HTX ONG-USDT−0.2225%4h0.09162−0.429%$28K$39K20xas long as short
Gate ONG_USDT−0.0898%4h0.09209+0.081%$372K$345K20xas long as short
Bybit ONGUSDT−0.0841%4h0.09215+0.147%$2.5M$2.8M20xas long as short
Binance ONGUSDT−0.0811%4h0.09205+0.040%$6.6M$14.9M50xas long as short
MEXC ONG_USDT−0.0810%4h0.09204+0.027%$10.0M$371K20xas long as short
Extended ONG-USDshort−0.0808%1h0.09199−0.032%$174K$18K5x
Variational Omni ONG−0.0611%4h0.09203+0.015%$152K$24Kas long as short
Bitget ONGUSDT−0.0526%4h0.09195−0.071%$1.4M$1.1M50xas long as short
Aster ONGUSDTlong−0.0418%1h0.09202long leg$82K$73K5x
BingX ONG-USDT−0.0366%4h0.09208+0.071%$1.4Mas long as short