Funding you earn now, next payment 08:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.81 per $10,000 · paid last 24h +0.241%
Price spread now: BingX against Binance+0.085%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.699%+$70 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.085%, 7d avg +0.119%
=Funding pays, the price is against you. BingX is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.119%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.699% in total) that is about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONGUSDT | 0.08989 | −0.0063 | get 0.0031% / 4h | 2h 41m | $6.4M | $15.6M | 50x |
| Short | BingX ONG-USDT | 0.08997 | 0.0100 | get 0.0050% / 4h | 2h 41m | — | $1.4M | — |
Binance ONGUSDT
BingX ONG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $34.19
- Price spread: +0.085% → +0.119%
- −$3.44
- Slippage, 4 orders
- −$38.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$28.23
- Costs to cover
- 0.590%
- Break-even
- 12.8 days
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 10 min ago.
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 Binance live order book, 14 min ago | 0.55 bp | 15.2 bp −$15 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.76 bp | 14.8 bp −$15 | 33.8 bp −$338 | 226.0 bp −$22.6K | 477.5 bp −$238.8K |
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 | −0.1221% | 4h | 0.08997 | +0.085% | $28K | $37K | 20x | as long as short |
| Extended ONG-USD | −0.0064% | 1h | 0.08992 | +0.033% | $169K | $20K | 5x | as long as short |
| Binance ONGUSDTlong | −0.0063% | 4h | 0.08989 | long leg | $6.4M | $15.6M | 50x | |
| MEXC ONG_USDT | −0.0062% | 4h | 0.08989 | −0.004% | $9.8M | $413K | 20x | as long as short |
| Variational Omni ONG | +0.0071% | 4h | 0.09040 | +0.562% | $131K | $43K | — | as long as short |
| Aster ONGUSDT | +0.0100% | 1h | 0.09004 | +0.163% | $70K | $54K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.08994 | +0.051% | $2.4M | $3.0M | 20x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09007 | +0.196% | $351K | $362K | 20x | as long as short |
| Bitget ONGUSDT | +0.0100% | 4h | 0.08998 | +0.096% | $1.4M | $1.3M | 50x | as long as short |
| BingX ONG-USDTshort | +0.0100% | 4h | 0.08997 | +0.085% | — | $1.4M | — |
HTX ONG-USDT
Extended ONG-USD
MEXC ONG_USDT
Variational Omni ONG
Aster ONGUSDT
Bybit ONGUSDT
Gate ONG_USDT
Bitget ONGUSDT