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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h −0.140%
Price spread now: Extended against Gate−0.108%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.510%−$51 on $10k
Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.108%, 7d avg −0.214%
Together, before fees−0.712%+ Points / potential airdropExtended: Active · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.105% dearer against Gate than usual: you sell high and buy low (spread −0.108% now, against its 7-day average of −0.214%): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONG_USDT0.09039−0.0630get 0.0315% / 4h2h 14m$367K$360K20x
ShortExtended ONG-USD0.09029−0.1008pay 0.0126% / 1h14m 26s$171K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
−$79.38
Price spread: −0.108% → −0.214%
$10.53
Slippage, 4 orders
−$135.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$224.82
Costs to cover
1.560%
Break-even
never at this rate
Slippage from Gate: live order book, 6 min ago; Extended: live order book, 7 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 Gate live order book, 6 min ago8.29 bp54.8 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 7 min ago0.77 bp20.2 bp −$20124.6 bp −$1,246doesn'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−0.2995%4h0.09013−0.288%$28K$93K20xas long as short
Extended ONG-USDshort−0.1008%1h0.09029−0.108%$171K$18K5x
MEXC ONG_USDT−0.1004%4h0.09029−0.111%$9.8M$386K20xas long as short
Binance ONGUSDT−0.0996%4h0.09033−0.066%$6.7M$15.6M50xas long as short
Bitget ONGUSDT−0.0698%4h0.09036−0.033%$1.4M$1.2M50xas long as short
Gate ONG_USDTlong−0.0630%4h0.09039long leg$367K$360K20x
Aster ONGUSDT−0.0530%1h0.09044+0.055%$76K$100K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09057+0.199%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.090390.000%$1.3Mas long as short
Variational Omni ONG+0.0100%4h0.09046+0.073%$148K$40Kas long as short