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+0.1405%/8h= +153.9% APRnext payment +$7.03 per $10,000 · paid last 24h +0.408%
Price spread now: Gate against HTX+0.245%7-day average · you sell dearer than you buy
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+0.798%+$80 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Gate is 0.245% dearer against HTX than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.798% in total (about 41.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.03 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-USDT0.08986−0.1305get 0.0653% / 4h2h 43m$28K$36K20x
ShortGate ONG_USDT0.090080.0100get 0.0050% / 4h2h 43m$351K$361K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$295.1
Price spread: +0.245% → 0.000%
$24.48
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$292.58
Costs to cover
0.270%
Break-even
0.1 days
Slippage unknown: HTX: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago7.20 bp69.7 bp −$70doesn't fitdoesn'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−0.1305%4h0.08986long leg$28K$36K20x
Extended ONG-USD−0.0072%1h0.09000+0.155%$169K$20K5xas long as short
Binance ONGUSDT−0.0070%4h0.09006+0.219%$6.4M$15.6M50xas long as short
MEXC ONG_USDT−0.0070%4h0.09004+0.200%$9.8M$413K20xas long as short
Variational Omni ONG+0.0071%4h0.09040+0.600%$131K$43Kas long as short
Aster ONGUSDT+0.0100%1h0.09017+0.341%$71K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09007+0.234%$2.4M$3.0M20xas long as short
Gate ONG_USDTshort+0.0100%4h0.09008+0.245%$351K$361K20x
Bitget ONGUSDT+0.0100%4h0.09007+0.234%$1.4M$1.3M50xas long as short
BingX ONG-USDT+0.0100%4h0.09005+0.211%$1.4Mas long as short