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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1380%/8h= −151.1% APRnext payment $6.90 per $10,000 · paid last 24h −0.197%
Price spread now: HTX against Gate−0.423%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.636%−$64 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and HTX is 0.423% cheaper against Gate than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.636% in total (about -33.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.90 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
LongGate ONG_USDT0.09210−0.0836get 0.0418% / 4h1h 39m$371K$346K20x
ShortHTX ONG-USDT0.09171−0.2216pay 0.1108% / 4h1h 39m$28K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$289.79
Price spread: −0.423% → 0.000%
−$42.35
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$359.14
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 21 min ago; HTX: no order-book sample. Net counts fees only.

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, 21 min ago6.59 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort−0.2216%4h0.09171−0.423%$28K$37K20x
Gate ONG_USDTlong−0.0836%4h0.09210long leg$371K$346K20x
Bybit ONGUSDT−0.0815%4h0.09205−0.054%$2.5M$2.8M20xas long as short
MEXC ONG_USDT−0.0788%4h0.09190−0.217%$10.0M$371K20xas long as short
Binance ONGUSDT−0.0785%4h0.09190−0.217%$6.6M$14.9M50xas long as short
Extended ONG-USD−0.0784%1h0.09190−0.222%$174K$18K5xas long as short
Variational Omni ONG−0.0599%4h0.09219+0.094%$152K$24Kas long as short
Bitget ONGUSDT−0.0522%4h0.09182−0.304%$1.4M$1.1M50xas long as short
BingX ONG-USDT−0.0368%4h0.09192−0.195%$1.4Mas long as short
Aster ONGUSDT−0.0359%1h0.09199−0.118%$82K$73K5xas long as short