Funding you earn now, next payment 04:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h −0.130%
Price spread now: Bitget against BingX−0.132%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$950.945% of the position
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 7 days+0.147%+$15 · spread now −0.132%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.105% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONG-USDT | 0.09098 | −0.0318 | get 0.0159% / 4h | 2h 33m | — | $1.4M | — |
| Short | Bitget ONGUSDT | 0.09086 | −0.0560 | pay 0.0280% / 4h | 2h 33m | $1.4M | $1.1M | 50x |
BingX ONG-USDT
Bitget ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$50.82
- Price spread: −0.132% → −0.027%
- −$10.5
- Slippage, 4 orders
- −$72.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.85
- Costs to cover
- 0.945%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 3 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 BingX live order book, 3 min ago | 2.76 bp | 18.3 bp −$18 | 39.5 bp −$395 | 263.0 bp −$26.3K | 395.1 bp −$197.6K |
| Sell Bitget live order book, 3 min ago | 4.41 bp | 27.4 bp −$27 | 119.9 bp −$1,199 | 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 | −0.2371% | 4h | 0.09092 | −0.066% | $28K | $49K | 20x | as long as short |
| Gate ONG_USDT | −0.1064% | 4h | 0.09092 | −0.066% | $368K | $346K | 20x | as long as short |
| MEXC ONG_USDT | −0.0964% | 4h | 0.09086 | −0.132% | $9.9M | $374K | 20x | as long as short |
| Extended ONG-USD | −0.0952% | 1h | 0.09089 | −0.104% | $172K | $18K | 5x | as long as short |
| Binance ONGUSDT | −0.0952% | 4h | 0.09087 | −0.126% | $6.6M | $15.1M | 50x | as long as short |
| Aster ONGUSDT | −0.0592% | 1h | 0.09106 | +0.091% | $81K | $74K | 5x | as long as short |
| Bitget ONGUSDTshort | −0.0560% | 4h | 0.09086 | −0.132% | $1.4M | $1.1M | 50x | |
| Bybit ONGUSDT | −0.0436% | 4h | 0.09078 | −0.220% | $2.5M | $2.9M | 20x | as long as short |
| BingX ONG-USDTlong | −0.0318% | 4h | 0.09098 | long leg | — | $1.4M | — | |
| Variational Omni ONG | −0.0246% | 4h | 0.09083 | −0.169% | $150K | $24K | — | as long as short |
HTX ONG-USDT
Gate ONG_USDT
MEXC ONG_USDT
Extended ONG-USD
Binance ONGUSDT
Aster ONGUSDT
Bybit ONGUSDT
Variational Omni ONG