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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1230%/8h= −134.6% APRnext payment $6.15 per $10,000 · paid last 24h −0.381%
Price spread now: HTX against Binance−0.020%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.618%−$62 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$37 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.618% in total (about -32.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.15 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONGUSDT0.091950.0100pay 0.0050% / 4h11m 22s$6.3M$15.0M50x
ShortHTX ONG-USDT0.09193−0.1130pay 0.0565% / 4h11m 22s$27K$41K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$258.23
Price spread: −0.020% → 0.000%
−$1.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$282.22
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; HTX: no order-book sample. Net counts fees only.

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, 7 min ago1.09 bp13.9 bp −$1432.0 bp −$320doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 exchanges

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-USDTshort−0.1130%4h0.09193−0.020%$27K$41K20x
Gate ONG_USDT+0.0090%4h0.09197+0.024%$356K$328K20xas long as short
Aster ONGUSDT+0.0100%1h0.09201+0.070%$69K$51K5xas long as short
Binance ONGUSDTlong+0.0100%4h0.09195long leg$6.3M$15.0M50x
Bybit ONGUSDT+0.0100%4h0.09198+0.035%$2.4M$2.9M20xas long as short
MEXC ONG_USDT+0.0100%4h0.09196+0.013%$10.1M$364K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09196+0.013%$1.4M$1.0M50xas long as short
BingX ONG-USDT+0.0100%4h0.09196+0.013%$1.5Mas long as short
Variational Omni ONG+0.0100%4h0.09202+0.077%$132K$35Kas long as short
Extended ONG-USD+0.0104%1h0.09191−0.036%$173K$18K5xas long as short