Funding you earn now, next payment 08:00 UTC−0.1254%/8h= −137.3% APRnext payment −$6.27 per $10,000 · paid last 24h −0.253%
Price spread now: HTX against MEXC−0.650%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and HTX is 0.650% cheaper against MEXC than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 -0.473% in total (about -24.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.27 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 | MEXC ONG_USDT | 0.09078 | −0.0080 | get 0.0040% / 4h | 2h 50m | $9.9M | $413K | 20x |
| Short | HTX ONG-USDT | 0.09019 | −0.1334 | pay 0.0667% / 4h | 2h 50m | $28K | $36K | 20x |
MEXC ONG_USDT
HTX ONG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against MEXC. 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
- −$263.3
- Price spread: −0.650% → 0.000%
- −$64.99
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$344.29
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; HTX: no order-book sample. 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 MEXC live order book, 3 min ago | 0.55 bp | 6.6 bp −$7 | 26.6 bp −$266 | 176.8 bp −$17.7K | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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-USDTshort | −0.1334% | 4h | 0.09019 | −0.650% | $28K | $36K | 20x | |
| Extended ONG-USD | −0.0080% | 1h | 0.09078 | −0.002% | $170K | $20K | 5x | as long as short |
| MEXC ONG_USDTlong | −0.0080% | 4h | 0.09078 | long leg | $9.9M | $413K | 20x | |
| Binance ONGUSDT | −0.0075% | 4h | 0.09073 | −0.055% | $6.4M | $15.5M | 50x | as long as short |
| Variational Omni ONG | +0.0056% | 4h | 0.09072 | −0.067% | $131K | $43K | — | as long as short |
| Aster ONGUSDT | +0.0100% | 1h | 0.09078 | 0.000% | $72K | $53K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09077 | −0.011% | $2.4M | $3.0M | 20x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09081 | +0.033% | $353K | $361K | 20x | as long as short |
| Bitget ONGUSDT | +0.0100% | 4h | 0.09081 | +0.033% | $1.4M | $1.3M | 50x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09076 | −0.022% | — | $1.4M | — | as long as short |
Extended ONG-USD
Binance ONGUSDT
Variational Omni ONG
Aster ONGUSDT
Bybit ONGUSDT
Gate ONG_USDT
Bitget ONGUSDT
BingX ONG-USDT