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

ONG

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC+0.2199%/8h= +240.8% APRnext payment +$11.00 per $10,000 · paid last 24h +0.596%
Price spread now: Bybit against HTX+0.442%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on HTXShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days+0.528%+$53 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$66 a day on $10k at the current rate, and Bybit is 0.442% dearer against HTX than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.528% in total (about 27.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.00 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
LongHTX ONG-USDT0.09042−0.2837get 0.1418% / 4h3h 43m$28K$61K20x
ShortBybit ONGUSDT0.09082−0.0638pay 0.0319% / 4h3h 43m$2.5M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$461.83
Price spread: +0.442% → 0.000%
$44.24
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$483.07
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago5.51 bp43.4 bp −$43256.6 bp −$2,566doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ONG-USDTlong−0.2837%4h0.09042long leg$28K$61K20x
Gate ONG_USDT−0.1374%4h0.09068+0.288%$371K$337K20xas long as short
Binance ONGUSDT−0.1163%4h0.09075+0.365%$6.7M$15.0M50xas long as short
MEXC ONG_USDT−0.1162%4h0.09072+0.332%$9.8M$381K20xas long as short
Extended ONG-USD−0.1160%1h0.09059+0.192%$172K$18K5xas long as short
Aster ONGUSDT−0.0988%1h0.09066+0.268%$81K$82K5xas long as short
Bitget ONGUSDT−0.0788%4h0.09066+0.265%$1.4M$1.1M50xas long as short
Bybit ONGUSDTshort−0.0638%4h0.09082+0.442%$2.5M$3.0M20x
Variational Omni ONG+0.0043%4h0.09079+0.410%$150K$25K—as long as short
BingX ONG-USDT+0.0100%4h0.09071+0.321%—$1.4M—as long as short