Settings8H · net · $10k
Funding arb · Price arb /

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0339%/8h= +37.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.139%
Price spread now: Aster against Extended+0.034%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aster is 0.034% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 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
LongExtended ONG-USD0.09258−0.1120get 0.0140% / 1h34m 47s$174K$18K5x
ShortAster ONGUSDT0.09261−0.0781pay 0.0098% / 1h34m 47s$85K$104K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
$71.27
Price spread: +0.034% → 0.000%
$3.45
Slippage, 4 orders
−$72.92
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$11.21
Costs to cover
0.859%
Break-even
8.1 days
Slippage from Extended: live order book, 41 min ago; Aster: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 41 min ago0.66 bp17.0 bp −$17148.4 bp −$1,484doesn't fitdoesn't fit
Sell Aster live order book, 41 min ago3.83 bp29.0 bp −$29475.9 bp −$4,759doesn't fitdoesn't fit

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-USDT−0.3600%4h0.09226−0.344%$29K$75K20xas long as short
Binance ONGUSDT−0.1122%4h0.09258−0.004%$6.9M$15.5M50xas long as short
MEXC ONG_USDT−0.1122%4h0.09258+0.001%$10.0M$377K20xas long as short
Extended ONG-USDlong−0.1120%1h0.09258long leg$174K$18K5x
Bitget ONGUSDT−0.0790%4h0.09261+0.034%$1.4M$1.2M50xas long as short
Aster ONGUSDTshort−0.0781%1h0.09261+0.034%$85K$104K5x
Gate ONG_USDT−0.0730%4h0.09265+0.077%$378K$338K20xas long as short
Bybit ONGUSDT+0.0100%4h0.09272+0.152%$2.6M$3.1M20xas long as short
BingX ONG-USDT+0.0100%4h0.09262+0.044%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09268+0.109%$152K$25Kas long as short