Funding you earn now, next payment 00:00 UTC+0.0322%/8h= +35.3% APRnext payment +$1.61 per $10,000 · paid last 24h +0.074%
Price spread now: Bitget against Binance+0.002%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now +0.002%, 7d avg +0.098%
=Funding pays, the price is against you. Bitget is 0.096% cheaper against Binance than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.098%). If the spread goes back, that is −$10 on $10k: about 24 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.182% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.182% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 per $10,000. 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 | Binance ONGUSDT | 0.09108 | −0.1028 | get 0.0514% / 4h | 1h 21m | $6.8M | $15.4M | 50x |
| Short | Bitget ONGUSDT | 0.09108 | −0.0706 | pay 0.0353% / 4h | 1h 21m | $1.4M | $1.2M | 50x |
Binance ONGUSDT
Bitget ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $67.65
- Price spread: +0.002% → +0.098%
- −$9.63
- Slippage, 4 orders
- −$49.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.16
- Costs to cover
- 0.712%
- Break-even
- 8.4 days
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 0.55 bp | 14.4 bp −$14 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.85 bp | 18.8 bp −$19 | 98.9 bp −$989 | doesn't fit | doesn't fit |
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 | −0.3359% | 4h | 0.09061 | −0.515% | $29K | $80K | 20x | as long as short |
| Extended ONG-USD | −0.1032% | 1h | 0.09108 | 0.000% | $172K | $18K | 5x | as long as short |
| Binance ONGUSDTlong | −0.1028% | 4h | 0.09108 | long leg | $6.8M | $15.4M | 50x | |
| MEXC ONG_USDT | −0.1028% | 4h | 0.09109 | +0.012% | $9.9M | $378K | 20x | as long as short |
| Bitget ONGUSDTshort | −0.0706% | 4h | 0.09108 | +0.002% | $1.4M | $1.2M | 50x | |
| Aster ONGUSDT | −0.0684% | 1h | 0.09118 | +0.114% | $78K | $100K | 5x | as long as short |
| Gate ONG_USDT | −0.0624% | 4h | 0.09112 | +0.045% | $371K | $355K | 20x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09128 | +0.221% | $2.5M | $3.1M | 20x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09123 | +0.166% | — | $1.4M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09110 | +0.022% | $150K | $30K | — | as long as short |
HTX ONG-USDT
Extended ONG-USD
MEXC ONG_USDT
Aster ONGUSDT
Gate ONG_USDT
Bybit ONGUSDT
BingX ONG-USDT
Variational Omni ONG