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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1843%/8h= −201.8% APRnext payment $9.21 per $10,000 · paid last 24h −0.294%
Price spread now: HTX against BingX−0.304%7-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−0.997%−$100 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$55 a day on $10k at the current rate, and HTX is 0.304% cheaper against BingX than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.997% in total (about -52.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONG-USDT0.09199−0.0368get 0.0184% / 4h1h 39m$1.4M
ShortHTX ONG-USDT0.09171−0.2211pay 0.1105% / 4h1h 39m$28K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
−$387.02
Price spread: −0.304% → 0.000%
−$30.44
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$439.46
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: 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 BingX live order book, 7 min ago4.36 bp16.4 bp −$1635.0 bp −$350247.5 bp −$24.7K425.8 bp −$212.9K
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 venues

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−0.2211%4h0.09171−0.304%$28K$36K20x
Gate ONG_USDT−0.0820%4h0.09208+0.098%$371K$346K20xas long as short
Bybit ONGUSDT−0.0791%4h0.09205+0.065%$2.5M$2.8M20xas long as short
MEXC ONG_USDT−0.0784%4h0.09191−0.087%$10.0M$371K20xas long as short
Extended ONG-USD−0.0776%1h0.09187−0.127%$174K$18K5xas long as short
Binance ONGUSDT−0.0775%4h0.09188−0.116%$6.6M$14.9M50xas long as short
Variational Omni ONG−0.0599%4h0.09219+0.214%$152K$24Kas long as short
Bitget ONGUSDT−0.0524%4h0.09184−0.163%$1.4M$1.1M50xas long as short
BingX ONG-USDTlong−0.0368%4h0.09199long leg$1.4M
Aster ONGUSDT−0.0359%1h0.09197−0.023%$82K$73K5xas long as short