Funding you earn now, next payment 04:00 UTC+0.0558%/8h= +61.1% APRnext payment +$2.79 per $10,000 · paid last 24h +0.130%
Price spread now: BingX against Bitget−0.022%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.022%, 7d avg +0.026%
=Funding pays, the price is against you. BingX is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.026%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.486% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONGUSDT | 0.09141 | −0.0738 | get 0.0369% / 4h | 3h 20m | $1.4M | $1.1M | 50x |
| Short | BingX ONG-USDT | 0.09139 | −0.0180 | pay 0.0090% / 4h | 3h 20m | — | $1.4M | — |
Bitget ONGUSDT
BingX ONG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $117.18
- Price spread: −0.022% → +0.026%
- −$4.8
- Slippage, 4 orders
- −$63.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $26.97
- Costs to cover
- 0.854%
- Break-even
- 5.4 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 9 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, 1 min ago | 3.29 bp | 26.0 bp −$26 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.84 bp | 15.6 bp −$16 | 40.4 bp −$404 | 239.6 bp −$24.0K | 468.5 bp −$234.3K |
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 | −0.3579% | 4h | 0.09079 | −0.678% | $28K | $56K | 20x | as long as short |
| MEXC ONG_USDT | −0.1150% | 4h | 0.09135 | −0.066% | $9.9M | $396K | 20x | as long as short |
| Binance ONGUSDT | −0.1139% | 4h | 0.09134 | −0.077% | $6.7M | $14.9M | 50x | as long as short |
| Extended ONG-USD | −0.1136% | 1h | 0.09131 | −0.111% | $173K | $18K | 5x | as long as short |
| Gate ONG_USDT | −0.1030% | 4h | 0.09138 | −0.033% | $374K | $341K | 20x | as long as short |
| Aster ONGUSDT | −0.1030% | 1h | 0.09133 | −0.087% | $82K | $82K | 5x | as long as short |
| Bitget ONGUSDTlong | −0.0738% | 4h | 0.09141 | long leg | $1.4M | $1.1M | 50x | |
| BingX ONG-USDTshort | −0.0180% | 4h | 0.09139 | −0.022% | — | $1.4M | — | |
| Bybit ONGUSDT | −0.0070% | 4h | 0.09143 | +0.022% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni ONG | −0.0040% | 4h | 0.09146 | +0.055% | $151K | $25K | — | as long as short |
HTX ONG-USDT
MEXC ONG_USDT
Binance ONGUSDT
Extended ONG-USD
Gate ONG_USDT
Aster ONGUSDT
Bybit ONGUSDT
Variational Omni ONG