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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1356%/8h= +148.5% APRnext payment +$6.78 per $10,000 · paid last 24h +0.497%
Price spread now: BingX against HTX−0.056%52s7-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+1.195%+$120 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.056% cheaper against HTX than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$41 a day). At the pace of the last 7 days (+1.195% in total) that is about 8 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ONG-USDT0.09002−0.1256get 0.0628% / 4h2h 42m$28K$37K20x
ShortBingX ONG-USDT0.089970.0100get 0.0050% / 4h2h 42m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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
$284.79
Price spread: −0.056% → 0.000%
−$5.55
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$257.23
Costs to cover
0.220%
Break-even
0.7 days
Slippage unknown: HTX: no order-book sample; BingX: live order book, 9 min ago. 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 HTX no order-book sample
Sell BingX live order book, 9 min ago2.76 bp14.8 bp −$1533.8 bp −$338226.0 bp −$22.6K477.5 bp −$238.8K
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-USDTlong−0.1256%4h0.09002long leg$28K$37K20x
Extended ONG-USD−0.0064%1h0.08992−0.111%$169K$20K5xas long as short
MEXC ONG_USDT−0.0064%4h0.09000−0.022%$9.8M$413K20xas long as short
Binance ONGUSDT−0.0063%4h0.08998−0.041%$6.4M$15.6M50xas long as short
Variational Omni ONG+0.0071%4h0.09040+0.421%$131K$43Kas long as short
Aster ONGUSDT+0.0100%1h0.09004+0.024%$71K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09000−0.022%$2.4M$3.0M20xas long as short
Gate ONG_USDT+0.0100%4h0.09007+0.056%$351K$362K20xas long as short
Bitget ONGUSDT+0.0100%4h0.08999−0.033%$1.4M$1.3M50xas long as short
BingX ONG-USDTshort+0.0100%4h0.08997−0.056%$1.4M