Funding you earn now, next payment 22:00 UTC+0.1244%/8h= +136.2% APRpaid last 24h +0.161%
Price spread now: BingX against Extended+0.099%7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days+0.815%+$81 on $10k
+Price spread, last 4 days (all we have)+0.414%+$41 · spread now +0.099%, 7d avg +0.185%
=Together, before fees+1.229%+ Points / potential airdropExtended: Active · farm board+$123 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.086% cheaper against Extended than usual: you would sell low and buy high (spread +0.099% now, against its 7-day average of +0.185%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.815% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.815% in total (about 42.5% 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 | Extended ONG-USD | 0.09027 | −0.1144 | get 0.0143% / 1h | 50m 53s | $170K | $18K | 5x |
| Short | BingX ONG-USDT | 0.09036 | 0.0100 | get 0.0050% / 4h | 2h 50m | — | $1.3M | — |
Extended ONG-USD
BingX ONG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- $261.24
- Price spread: +0.099% → +0.185%
- −$8.57
- Slippage, 4 orders
- −$54.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $183.48
- Costs to cover
- 0.692%
- Break-even
- 2.1 days
Slippage from Extended: live order book, 35 min ago; BingX: live order book, 11 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 Extended live order book, 35 min ago | 0.61 bp | 19.0 bp −$19 | 132.3 bp −$1,323 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.33 bp | 17.5 bp −$17 | 38.5 bp −$385 | 267.8 bp −$26.8K | 452.9 bp −$226.4K |
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 | −0.3155% | 4h | 0.08990 | −0.411% | $28K | $100K | 20x | as long as short |
| Extended ONG-USDlong | −0.1144% | 1h | 0.09027 | long leg | $170K | $18K | 5x | |
| MEXC ONG_USDT | −0.1144% | 4h | 0.09020 | −0.078% | $9.8M | $383K | 20x | as long as short |
| Binance ONGUSDT | −0.1144% | 4h | 0.09023 | −0.045% | $6.8M | $15.6M | 50x | as long as short |
| Bitget ONGUSDT | −0.0902% | 4h | 0.09019 | −0.089% | $1.4M | $1.2M | 50x | as long as short |
| Aster ONGUSDT | −0.0671% | 1h | 0.09031 | +0.040% | $76K | $100K | 5x | as long as short |
| Gate ONG_USDT | −0.0638% | 4h | 0.09024 | −0.034% | $369K | $352K | 20x | as long as short |
| Variational Omni ONG | −0.0156% | 4h | 0.09021 | −0.068% | $148K | $45K | — | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09030 | +0.032% | $2.5M | $3.1M | 20x | as long as short |
| BingX ONG-USDTshort | +0.0100% | 4h | 0.09036 | +0.099% | — | $1.3M | — |
HTX ONG-USDT
MEXC ONG_USDT
Binance ONGUSDT
Bitget ONGUSDT
Aster ONGUSDT
Gate ONG_USDT
Variational Omni ONG
Bybit ONGUSDT