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

ONG

all ONG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.503%
Price spread now: Bybit against Extended+0.127%7-day average +0.534% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.447%+$45 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.127%, 7d avg +0.534%
Together, before fees+0.564%+ Points / potential airdropExtended: Active · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.408% cheaper against Extended than usual: you would sell low and buy high (spread +0.127% now, against its 7-day average of +0.534%). If the spread goes back, that is −$41 on $10k: about 8.3 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ONG-USD0.08992−0.0064get 0.0008% / 1h41m 55s$169K$20K5x
ShortBybit ONGUSDT0.090030.0100get 0.0050% / 4h2h 41m$2.4M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$34.44
Price spread: +0.127% → +0.534%
−$40.76
Slippage, 4 orders
−$106.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$128.46
Costs to cover
1.221%
Break-even
33.1 days
Slippage from Extended: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago0.61 bp25.2 bp −$25145.9 bp −$1,459doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.66 bp41.9 bp −$42612.5 bp −$6,125doesn'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−0.1221%4h0.08997+0.060%$28K$37K20xas long as short
Extended ONG-USDlong−0.0064%1h0.08992long leg$169K$20K5x
MEXC ONG_USDT−0.0064%4h0.08995+0.038%$9.8M$413K20xas long as short
Binance ONGUSDT−0.0063%4h0.08996+0.051%$6.4M$15.6M50xas long as short
Variational Omni ONG+0.0071%4h0.09040+0.537%$131K$43Kas long as short
Aster ONGUSDT+0.0100%1h0.09005+0.148%$71K$54K5xas long as short
Bybit ONGUSDTshort+0.0100%4h0.09003+0.127%$2.4M$3.0M20x
Gate ONG_USDT+0.0100%4h0.09007+0.171%$351K$362K20xas long as short
Bitget ONGUSDT+0.0100%4h0.08999+0.082%$1.4M$1.3M50xas long as short
BingX ONG-USDT+0.0100%4h0.08997+0.060%$1.4Mas long as short