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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0471%/8h= +51.6% APRpaid last 24h +0.043%
Price spread now: Aster against Binance−0.009%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.009%, 7d avg +0.093%
Together, before fees+0.014%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.102% cheaper against Binance than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.093%). If the spread goes back, that is −$10 on $10k: about 17 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONGUSDT0.09052−0.0983get 0.0491% / 4h1h 56m$6.8M$15.5M50x
ShortAster ONGUSDT0.09051−0.0512pay 0.0064% / 1h56m 32s$77K$100K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$98.88
Price spread: −0.009% → +0.093%
−$10.23
Slippage, 4 orders
−$58.83
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$11.82
Costs to cover
0.768%
Break-even
6.2 days
Slippage from Binance: live order book, 14 min ago; Aster: live order book, 24 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 Binance live order book, 14 min ago1.66 bp12.6 bp −$1336.0 bp −$360doesn't fitdoesn't fit
Sell Aster live order book, 24 min ago3.87 bp27.7 bp −$28487.6 bp −$4,876doesn'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−0.3106%4h0.09014−0.418%$28K$89K20xas long as short
Binance ONGUSDTlong−0.0983%4h0.09052long leg$6.8M$15.5M50x
MEXC ONG_USDT−0.0978%4h0.09056+0.046%$9.8M$375K20xas long as short
Extended ONG-USD−0.0976%1h0.09057+0.062%$171K$18K5xas long as short
Bitget ONGUSDT−0.0614%4h0.09057+0.057%$1.4M$1.2M50xas long as short
Aster ONGUSDTshort−0.0512%1h0.09051−0.009%$77K$100K5x
Gate ONG_USDT−0.0504%4h0.09062+0.112%$368K$351K20xas long as short
Bybit ONGUSDT+0.0100%4h0.09068+0.179%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.09062+0.112%$1.3Mas long as short
Variational Omni ONG+0.0100%4h0.09043−0.101%$148K$40Kas long as short