Funding you earn now, next payment 00:00 UTC+0.2475%/8h= +271.0% APRnext payment +$12.38 per $10,000 · paid last 24h −0.077%
Price spread now: Binance against HTX+0.054%7-day average +0.340% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 3 days (all we have)+0.643%+$64 · spread now +0.054%, 7d avg +0.340%
=Funding pays, the price is against you. Binance is 0.286% cheaper against HTX than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.340%). If the spread goes back, that is −$29 on $10k: about 9 hours of funding at the current rate (+$74 a day). At the pace of the last 7 days (+0.179% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.179% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.38 per $10,000. 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 | HTX ONG-USDT | 0.09226 | −0.3582 | get 0.1791% / 4h | 32m 35s | $29K | $74K | 20x |
| Short | Binance ONGUSDT | 0.09231 | −0.1107 | pay 0.0554% / 4h | 32m 35s | $6.9M | $15.5M | 50x |
HTX ONG-USDT
Binance ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $519.81
- Price spread: +0.054% → +0.340%
- −$28.62
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $469.19
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.08 bp | 15.0 bp −$15 | 43.0 bp −$430 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ONG-USDTlong | −0.3582% | 4h | 0.09226 | long leg | $29K | $74K | 20x | |
| MEXC ONG_USDT | −0.1108% | 4h | 0.09232 | +0.065% | $10.0M | $377K | 20x | as long as short |
| Binance ONGUSDTshort | −0.1107% | 4h | 0.09231 | +0.054% | $6.9M | $15.5M | 50x | |
| Extended ONG-USD | −0.1104% | 1h | 0.09230 | +0.046% | $174K | $18K | 5x | as long as short |
| Aster ONGUSDT | −0.0786% | 1h | 0.09249 | +0.250% | $85K | $104K | 5x | as long as short |
| Bitget ONGUSDT | −0.0778% | 4h | 0.09232 | +0.065% | $1.4M | $1.2M | 50x | as long as short |
| Gate ONG_USDT | −0.0746% | 4h | 0.09235 | +0.098% | $377K | $338K | 20x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09247 | +0.228% | $2.6M | $3.1M | 20x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09238 | +0.130% | — | $1.4M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09268 | +0.455% | $152K | $25K | — | as long as short |
MEXC ONG_USDT
Extended ONG-USD
Aster ONGUSDT
Bitget ONGUSDT
Gate ONG_USDT
Bybit ONGUSDT
BingX ONG-USDT
Variational Omni ONG