Funding you earn now, next payment 23:00 UTC−0.0598%/8h= −65.4% APRpaid last 24h −0.312%
Price spread now: Aster against Bybit−0.132%7-day average −0.466% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$2072.067% of the position
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.132%, 7d avg −0.466%
=Together, before fees−0.191%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.335% dearer against Bybit than usual: you sell high and buy low (spread −0.132% now, against its 7-day average of −0.466%): +$33 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.225% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.225% in total (about -11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONGUSDT | 0.09062 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.5M | $3.2M | 20x |
| Short | Aster ONGUSDT | 0.09050 | −0.0498 | pay 0.0062% / 1h | 55m 41s | $77K | $100K | 5x |
Bybit ONGUSDT
Aster ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$125.5
- Price spread: −0.132% → −0.466%
- $33.47
- Slippage, 4 orders
- −$187.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$298.68
- Costs to cover
- 2.067%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 25 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 Bybit live order book, 2 min ago | 2.21 bp | 93.7 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 min ago | 3.87 bp | 27.7 bp −$28 | 487.6 bp −$4,876 | 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 | −0.3107% | 4h | 0.09022 | −0.441% | $28K | $89K | 20x | as long as short |
| Extended ONG-USD | −0.0984% | 1h | 0.09044 | −0.204% | $171K | $18K | 5x | as long as short |
| Binance ONGUSDT | −0.0983% | 4h | 0.09045 | −0.188% | $6.7M | $15.4M | 50x | as long as short |
| MEXC ONG_USDT | −0.0982% | 4h | 0.09044 | −0.199% | $9.8M | $375K | 20x | as long as short |
| Bitget ONGUSDT | −0.0614% | 4h | 0.09041 | −0.232% | $1.4M | $1.2M | 50x | as long as short |
| Aster ONGUSDTshort | −0.0498% | 1h | 0.09050 | −0.132% | $77K | $100K | 5x | |
| Gate ONG_USDT | −0.0488% | 4h | 0.09061 | −0.011% | $368K | $351K | 20x | as long as short |
| Bybit ONGUSDTlong | +0.0100% | 4h | 0.09062 | long leg | $2.5M | $3.2M | 20x | |
| BingX ONG-USDT | +0.0100% | 4h | 0.09056 | −0.066% | — | $1.4M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09043 | −0.213% | $148K | $40K | — | as long as short |
HTX ONG-USDT
Extended ONG-USD
Binance ONGUSDT
MEXC ONG_USDT
Bitget ONGUSDT
Gate ONG_USDT
BingX ONG-USDT
Variational Omni ONG