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

ONG

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.033%
Price spread now: Gate against Aster−0.001%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1561.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.373%+$37 on $10k
Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.001%, 7d avg +0.098%
Together, before fees+0.663%+ Points / potential airdropAster: Stage 5 · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.099% cheaper against Aster than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.098%). If the spread goes back, that is −$10 on $10k: about 4.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.373% in total) that is about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09093−0.0565get 0.0071% / 1h41m 31s$78K$100K5x
ShortGate ONG_USDT0.09093−0.0488pay 0.0244% / 4h1h 41m$369K$352K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$16.13
Price spread: −0.001% → +0.098%
−$9.9
Slippage, 4 orders
−$133.13
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$149.91
Costs to cover
1.561%
Break-even
72.1 days
Slippage from Aster: live order book, 39 min ago; Gate: live order book, 39 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 Aster live order book, 39 min ago3.87 bp17.3 bp −$17465.9 bp −$4,659doesn't fitdoesn't fit
Sell Gate live order book, 39 min ago8.29 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit

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−0.3267%4h0.09035−0.638%$28K$85K20xas long as short
Binance ONGUSDT−0.1003%4h0.09085−0.088%$6.8M$15.4M50xas long as short
Extended ONG-USD−0.1000%1h0.09086−0.080%$171K$18K5xas long as short
MEXC ONG_USDT−0.0998%4h0.09087−0.067%$9.9M$375K20xas long as short
Bitget ONGUSDT−0.0666%4h0.09083−0.111%$1.4M$1.2M50xas long as short
Aster ONGUSDTlong−0.0565%1h0.09093long leg$78K$100K5x
Gate ONG_USDTshort−0.0488%4h0.09093−0.001%$369K$352K20x
Bybit ONGUSDT+0.0100%4h0.09103+0.109%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.09090−0.034%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09082−0.126%$149K$32Kas long as short