Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.152%
Price spread now: Gate against Binance+0.121%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.121%, 7d avg +0.182%
=Funding pays, the price is against you. Gate is 0.061% cheaper against Binance than usual: you would sell low and buy high (spread +0.121% now, against its 7-day average of +0.182%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONGUSDT | 0.09071 | −0.0154 | get 0.0077% / 4h | 3h 33m | $6.5M | $15.4M | 50x |
| Short | Gate ONG_USDT | 0.09082 | 0.0100 | get 0.0050% / 4h | 3h 33m | $357K | $356K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $53.36
- Price spread: +0.121% → +0.182%
- −$6.06
- Slippage, 4 orders
- −$100.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.58
- Costs to cover
- 1.259%
- Break-even
- 17.3 days
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 17 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, 7 min ago | 0.55 bp | 16.2 bp −$16 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 7.09 bp | 50.9 bp −$51 | doesn't fit | 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 | −0.1292% | 4h | 0.09022 | −0.540% | $28K | $35K | 20x | as long as short |
| MEXC ONG_USDT | −0.0158% | 4h | 0.09068 | −0.033% | $9.9M | $417K | 20x | as long as short |
| Binance ONGUSDTlong | −0.0154% | 4h | 0.09071 | long leg | $6.5M | $15.4M | 50x | |
| Extended ONG-USD | −0.0152% | 1h | 0.09068 | −0.030% | $170K | $20K | 5x | as long as short |
| Variational Omni ONG | −0.0079% | 4h | 0.09073 | +0.027% | $132K | $42K | — | as long as short |
| Aster ONGUSDT | +0.0032% | 1h | 0.09079 | +0.088% | $73K | $56K | 5x | as long as short |
| Bitget ONGUSDT | +0.0068% | 4h | 0.09071 | 0.000% | $1.4M | $1.3M | 50x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09075 | +0.044% | $2.4M | $2.9M | 20x | as long as short |
| Gate ONG_USDTshort | +0.0100% | 4h | 0.09082 | +0.121% | $357K | $356K | 20x | |
| BingX ONG-USDT | +0.0100% | 4h | 0.09076 | +0.055% | — | $1.4M | — | as long as short |
Binance ONGUSDT
Gate ONG_USDT
HTX ONG-USDT
MEXC ONG_USDT
Extended ONG-USD
Variational Omni ONG
Aster ONGUSDT
Bitget ONGUSDT
Bybit ONGUSDT
BingX ONG-USDT