Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.083%
Price spread now: Binance against Bitget−0.033%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.033%, 7d avg −0.092%
=The price spread pays, funding is against you. Binance is 0.059% dearer against Bitget than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.092%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.185% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONGUSDT | 0.09039 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.3M | $1.2M | 50x |
| Short | Binance ONGUSDT | 0.09036 | 0.0064 | get 0.0032% / 4h | 1h 08m | $6.2M | $15.8M | 50x |
Bitget ONGUSDT
Binance ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$7.63
- Price spread: −0.033% → −0.092%
- $5.93
- Slippage, 4 orders
- −$45.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.81
- Costs to cover
- 0.671%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 2 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 Bitget live order book, 3 min ago | 2.21 bp | 22.4 bp −$22 | 94.7 bp −$947 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.11 bp | 13.0 bp −$13 | 36.7 bp −$367 | 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 | −0.1303% | 4h | 0.08985 | −0.597% | $28K | $39K | 20x | as long as short |
| MEXC ONG_USDT | +0.0062% | 4h | 0.09033 | −0.066% | $9.8M | $418K | 20x | as long as short |
| Binance ONGUSDTshort | +0.0064% | 4h | 0.09036 | −0.033% | $6.2M | $15.8M | 50x | |
| Extended ONG-USD | +0.0064% | 1h | 0.09033 | −0.063% | $169K | $20K | 5x | as long as short |
| Aster ONGUSDT | +0.0100% | 1h | 0.09045 | +0.066% | $69K | $54K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09045 | +0.066% | $2.4M | $3.0M | 20x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09038 | −0.011% | $349K | $369K | 20x | as long as short |
| Bitget ONGUSDTlong | +0.0100% | 4h | 0.09039 | long leg | $1.3M | $1.2M | 50x | |
| BingX ONG-USDT | +0.0100% | 4h | 0.09042 | +0.033% | — | $1.5M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09032 | −0.079% | $131K | $40K | — | as long as short |
HTX ONG-USDT
MEXC ONG_USDT
Extended ONG-USD
Aster ONGUSDT
Bybit ONGUSDT
Gate ONG_USDT
BingX ONG-USDT
Variational Omni ONG