Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.5% APRnext payment −$0.75 per $10,000 · paid last 24h −0.433%
Price spread now: Bitget against Bybit−0.176%7-day average −0.268% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.065%+$6 · spread now −0.176%, 7d avg −0.268%
=The price spread pays, funding is against you. Bitget is 0.092% dearer against Bybit than usual: you sell high and buy low (spread −0.176% now, against its 7-day average of −0.268%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.020% in total) that is about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONGUSDT | 0.09082 | −0.0638 | get 0.0319% / 4h | 3h 43m | $2.5M | $3.0M | 20x |
| Short | Bitget ONGUSDT | 0.09066 | −0.0788 | pay 0.0394% / 4h | 3h 43m | $1.4M | $1.1M | 50x |
Bybit ONGUSDT
Bitget ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$31.6
- Price spread: −0.176% → −0.268%
- $9.22
- Slippage, 4 orders
- −$119.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$164.62
- Costs to cover
- 1.422%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 5.51 bp | 50.2 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.41 bp | 21.5 bp −$22 | 129.1 bp −$1,291 | 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 | −0.2837% | 4h | 0.09042 | −0.440% | $28K | $61K | 20x | as long as short |
| Gate ONG_USDT | −0.1374% | 4h | 0.09068 | −0.154% | $371K | $337K | 20x | as long as short |
| Binance ONGUSDT | −0.1163% | 4h | 0.09075 | −0.077% | $6.7M | $15.0M | 50x | as long as short |
| MEXC ONG_USDT | −0.1162% | 4h | 0.09072 | −0.110% | $9.8M | $381K | 20x | as long as short |
| Extended ONG-USD | −0.1160% | 1h | 0.09059 | −0.249% | $172K | $18K | 5x | as long as short |
| Aster ONGUSDT | −0.0988% | 1h | 0.09066 | −0.173% | $81K | $82K | 5x | as long as short |
| Bitget ONGUSDTshort | −0.0788% | 4h | 0.09066 | −0.176% | $1.4M | $1.1M | 50x | |
| Bybit ONGUSDTlong | −0.0638% | 4h | 0.09082 | long leg | $2.5M | $3.0M | 20x | |
| Variational Omni ONG | +0.0043% | 4h | 0.09079 | −0.032% | $150K | $25K | — | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09071 | −0.121% | — | $1.4M | — | as long as short |
HTX ONG-USDT
Gate ONG_USDT
Binance ONGUSDT
MEXC ONG_USDT
Extended ONG-USD
Aster ONGUSDT
Variational Omni ONG
BingX ONG-USDT