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+0.2045%/8h= +223.9% APRnext payment +$10.22 per $10,000 · paid last 24h +0.052%
Price spread now: MEXC against HTX+0.663%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+0.314%+$31 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 +$61 a day on $10k at the current rate, and MEXC is 0.663% dearer against HTX than usual: you sell high and buy low: +$66 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 0.314% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.22 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-USDT0.09053−0.3205get 0.1602% / 4h3h 39m$28K$60K20x
ShortMEXC ONG_USDT0.09113−0.1160pay 0.0580% / 4h3h 39m$9.8M$381K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$429.37
Price spread: +0.663% → 0.000%
$66.28
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$479.65
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago1.10 bp8.0 bp −$835.4 bp −$354194.7 bp −$19.5Kdoesn'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−0.3205%4h0.09053long leg$28K$60K20x
Binance ONGUSDT−0.1162%4h0.09116+0.697%$6.7M$15.0M50xas long as short
Extended ONG-USD−0.1160%1h0.09112+0.651%$172K$18K5xas long as short
MEXC ONG_USDTshort−0.1160%4h0.09113+0.663%$9.8M$381K20x
Gate ONG_USDT−0.1100%4h0.09128+0.828%$374K$339K20xas long as short
Aster ONGUSDT−0.0979%1h0.09117+0.702%$82K$82K5xas long as short
Bitget ONGUSDT−0.0776%4h0.09116+0.696%$1.4M$1.1M50xas long as short
Bybit ONGUSDT−0.0392%4h0.09126+0.806%$2.5M$3.0M20xas long as short
BingX ONG-USDT−0.0352%4h0.09123+0.773%$1.4Mas long as short
Variational Omni ONG−0.0018%4h0.09080+0.299%$150K$25Kas long as short