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

ONG

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: MEXC against Extended+0.065%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.065%, 7d avg +0.036%
Together, before fees+0.255%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.029% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ONG-USD0.09152−0.1064get 0.0133% / 1h9m 57s$173K$18K5x
ShortMEXC ONG_USDT0.09158−0.1064pay 0.0532% / 4h1h 09m$10.0M$379K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: +0.065% → +0.036%
$2.85
Slippage, 4 orders
−$49.89
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$56.04
Costs to cover
0.589%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; MEXC: live order book, 3 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, 6 min ago0.66 bp17.0 bp −$17148.4 bp −$1,484doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.55 bp6.7 bp −$736.9 bp −$369184.0 bp −$18.4K571.2 bp −$285.6K

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−0.3458%4h0.09130−0.241%$29K$78K20xas long as short
Binance ONGUSDT−0.1066%4h0.09153+0.014%$6.9M$15.4M50xas long as short
Extended ONG-USDlong−0.1064%1h0.09152long leg$173K$18K5x
MEXC ONG_USDTshort−0.1064%4h0.09158+0.065%$10.0M$379K20x
Bitget ONGUSDT−0.0752%4h0.09155+0.032%$1.4M$1.2M50xas long as short
Aster ONGUSDT−0.0744%1h0.09159+0.079%$80K$101K5xas long as short
Gate ONG_USDT−0.0684%4h0.09159+0.076%$373K$356K20xas long as short
Bybit ONGUSDT+0.0100%4h0.09166+0.152%$2.5M$3.1M20xas long as short
BingX ONG-USDT+0.0100%4h0.09163+0.119%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09165+0.139%$150K$26Kas long as short