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−0.2562%/8h= −280.5% APRnext payment $12.81 per $10,000 · paid last 24h −0.163%
Price spread now: HTX against Bitget−0.076%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−0.508%−$51 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 −$77 a day on $10k at the current rate, and HTX is 0.076% cheaper against Bitget than usual: you would sell low and buy high (−$8 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 -0.508% in total (about -26.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $12.81 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
LongBitget ONGUSDT0.09156−0.0698get 0.0349% / 4h3h 13m$1.4M$1.1M50x
ShortHTX ONG-USDT0.09149−0.3260pay 0.1630% / 4h3h 13m$28K$55K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
−$537.93
Price spread: −0.076% → 0.000%
−$7.65
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$569.58
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago4.36 bp30.0 bp −$30122.9 bp −$1,229doesn't fitdoesn't fit
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−0.3260%4h0.09149−0.076%$28K$55K20x
MEXC ONG_USDT−0.1104%4h0.09155−0.011%$10.0M$397K20xas long as short
Extended ONG-USD−0.1096%1h0.09150−0.065%$174K$18K5xas long as short
Binance ONGUSDT−0.1096%4h0.09155−0.009%$6.7M$14.9M50xas long as short
Aster ONGUSDT−0.0916%1h0.09158+0.025%$82K$82K5xas long as short
Gate ONG_USDT−0.0842%4h0.09158+0.022%$376K$343K20xas long as short
Bitget ONGUSDTlong−0.0698%4h0.09156long leg$1.4M$1.1M50x
Variational Omni ONG−0.0016%4h0.09188+0.345%$152K$25Kas long as short
BingX ONG-USDT+0.0034%4h0.09159+0.033%$1.4Mas long as short
Bybit ONGUSDT+0.0100%4h0.09163+0.076%$2.6M$2.9M20xas long as short