Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.241%
Price spread now: Bybit against BingX+0.184%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.184%, 7d avg +0.242%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.242%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONG-USDT | 0.09251 | 0.0100 | pay 0.0050% / 4h | 34m 13s | — | $1.4M | — |
| Short | Bybit ONGUSDT | 0.09268 | 0.0100 | get 0.0050% / 4h | 34m 13s | $2.6M | $3.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.184% → +0.242%
- −$5.82
- Slippage, 4 orders
- −$74.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$101.01
- Costs to cover
- 0.952%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: 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, 11 min ago | 4.32 bp | 15.3 bp −$15 | 33.4 bp −$334 | 231.1 bp −$23.1K | 387.7 bp −$193.9K |
| Sell Bybit live order book, 3 min ago | 1.08 bp | 34.1 bp −$34 | 363.3 bp −$3,633 | 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 | −0.3595% | 4h | 0.09226 | −0.270% | $29K | $74K | 20x | as long as short |
| Binance ONGUSDT | −0.1122% | 4h | 0.09252 | +0.011% | $6.9M | $15.5M | 50x | as long as short |
| MEXC ONG_USDT | −0.1122% | 4h | 0.09252 | +0.011% | $10.0M | $377K | 20x | as long as short |
| Extended ONG-USD | −0.1120% | 1h | 0.09248 | −0.036% | $174K | $18K | 5x | as long as short |
| Bitget ONGUSDT | −0.0790% | 4h | 0.09243 | −0.086% | $1.4M | $1.2M | 50x | as long as short |
| Aster ONGUSDT | −0.0781% | 1h | 0.09258 | +0.076% | $85K | $104K | 5x | as long as short |
| Gate ONG_USDT | −0.0728% | 4h | 0.09251 | 0.000% | $377K | $338K | 20x | as long as short |
| Bybit ONGUSDTshort | +0.0100% | 4h | 0.09268 | +0.184% | $2.6M | $3.1M | 20x | |
| BingX ONG-USDTlong | +0.0100% | 4h | 0.09251 | long leg | — | $1.4M | — | |
| Variational Omni ONG | +0.0100% | 4h | 0.09268 | +0.183% | $152K | $25K | — | as long as short |
BingX ONG-USDT
Bybit ONGUSDT
HTX ONG-USDT
Binance ONGUSDT
MEXC ONG_USDT
Extended ONG-USD
Bitget ONGUSDT
Aster ONGUSDT
Gate ONG_USDT
Variational Omni ONG