Funding you earn now, next payment 03:00 UTC−0.0392%/8h= −43.0% APRpaid last 24h −0.194%
Price spread now: MEXC against Aster−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.044% cheaper against Aster than usual: you would sell low and buy high (−$4 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 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ONGUSDT | 0.09214 | −0.0418 | get 0.0052% / 1h | 44m 01s | $82K | $73K | 5x |
| Short | MEXC ONG_USDT | 0.09210 | −0.0810 | pay 0.0405% / 4h | 1h 44m | $10.0M | $371K | 20x |
Aster ONGUSDT
MEXC ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$82.42
- Price spread: −0.044% → 0.000%
- −$4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 0.54 bp | 8.8 bp −$9 | 56.9 bp −$569 | 189.7 bp −$19.0K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ONG-USDT | −0.2209% | 4h | 0.09175 | −0.424% | $28K | $39K | 20x | as long as short |
| Gate ONG_USDT | −0.0898% | 4h | 0.09222 | +0.086% | $372K | $345K | 20x | as long as short |
| Bybit ONGUSDT | −0.0841% | 4h | 0.09218 | +0.043% | $2.5M | $2.8M | 20x | as long as short |
| Binance ONGUSDT | −0.0811% | 4h | 0.09208 | −0.063% | $6.6M | $14.9M | 50x | as long as short |
| MEXC ONG_USDTshort | −0.0810% | 4h | 0.09210 | −0.044% | $10.0M | $371K | 20x | |
| Extended ONG-USD | −0.0808% | 1h | 0.09212 | −0.027% | $174K | $18K | 5x | as long as short |
| Variational Omni ONG | −0.0611% | 4h | 0.09203 | −0.121% | $152K | $24K | — | as long as short |
| Bitget ONGUSDT | −0.0526% | 4h | 0.09201 | −0.142% | $1.4M | $1.1M | 50x | as long as short |
| Aster ONGUSDTlong | −0.0418% | 1h | 0.09214 | long leg | $82K | $73K | 5x | |
| BingX ONG-USDT | −0.0366% | 4h | 0.09218 | +0.043% | — | $1.4M | — | as long as short |
HTX ONG-USDT
Gate ONG_USDT
Bybit ONGUSDT
Binance ONGUSDT
Extended ONG-USD
Variational Omni ONG
Bitget ONGUSDT
BingX ONG-USDT