ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1210%/8h= +132.5% APRnext payment +$6.05 per $10,000 · paid last 24h +0.362%

Price spread now: Variational Omni against Binance+0.400%7-day average +0.606% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.321%−$32 on $10k

Price spread, last 3 days (all we have)−0.135%−$14 · spread now +0.400%, 7d avg +0.606%

Together, before fees−0.457%+ Points / potential airdropVariational Omni: Active · farm board−$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.206% cheaper against Binance than usual: you would sell low and buy high (spread +0.400% now, against its 7-day average of +0.606%). If the spread goes back, that is −$21 on $10k: about 14 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 3 days funding on this pair cost −0.321%, 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 3 days it paid -0.321% in total (about -35.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.05 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	0.09231	−0.1110	get 0.0555% / 4h	33m 18s	$6.9M	$15.5M	50x
Short	Variational Omni ONG	0.09268	0.0100	get 0.0050% / 4h	33m 18s	$152K	$25K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now +0.400%Rate

Funding earned: $254.06
Price spread: +0.400% → +0.606%: −$20.62
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $223.44
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: RFQ quote, 46 min ago. Net counts fees only.

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	1.08 bp	11.5 bp −$12	32.6 bp −$326	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 46 min ago	6.03 bp	doesn't fit	253.8 bp −$2,538	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	−0.3582%	4h	0.09226	−0.054%	$29K	$74K	20x	as long as short
MEXC ONG_USDT	−0.1122%	4h	0.09232	+0.011%	$10.0M	$377K	20x	as long as short
Extended ONG-USD	−0.1112%	1h	0.09229	−0.019%	$174K	$18K	5x	as long as short
Binance ONGUSDTlong	−0.1110%	4h	0.09231	long leg	$6.9M	$15.5M	50x
Bitget ONGUSDT	−0.0786%	4h	0.09233	+0.022%	$1.4M	$1.2M	50x	as long as short
Aster ONGUSDT	−0.0772%	1h	0.09247	+0.177%	$85K	$104K	5x	as long as short
Gate ONG_USDT	−0.0738%	4h	0.09232	+0.011%	$376K	$338K	20x	as long as short
Bybit ONGUSDT	+0.0100%	4h	0.09249	+0.195%	$2.6M	$3.1M	20x	as long as short
BingX ONG-USDT	+0.0100%	4h	0.09239	+0.087%	—	$1.4M	—	as long as short
Variational Omni ONGshort	+0.0100%	4h	0.09268	+0.400%	$152K	$25K	—