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−0.0141%/8h= −15.4% APRpaid last 24h −0.300%
Price spread now: MEXC against Aster−0.092%7-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+0.014%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.092% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09136−0.0195get 0.0024% / 1h18m 26s$82K$58K5x
ShortMEXC ONG_USDT0.09128−0.0336pay 0.0168% / 4h18m 26s$9.9M$420K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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
−$29.55
Price spread: −0.092% → 0.000%
−$9.25
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$50.8
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 5 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 Aster no order-book sample
Sell MEXC live order book, 5 min ago0.55 bp6.0 bp −$645.2 bp −$452190.4 bp −$19.0Kdoesn't fit
Aster: 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-USDT−0.2083%4h0.09107−0.322%$28K$35K20xas long as short
Extended ONG-USD−0.0336%1h0.09124−0.132%$171K$20K5xas long as short
MEXC ONG_USDTshort−0.0336%4h0.09128−0.092%$9.9M$420K20x
Binance ONGUSDT−0.0331%4h0.09127−0.103%$6.5M$15.5M50xas long as short
Variational Omni ONG−0.0288%4h0.09136−0.007%$133K$42Kas long as short
Gate ONG_USDT−0.0272%4h0.09138+0.017%$360K$360K20xas long as short
Bybit ONGUSDT−0.0239%4h0.09135−0.016%$2.4M$2.9M20xas long as short
Aster ONGUSDTlong−0.0195%1h0.09136long leg$82K$58K5x
Bitget ONGUSDT−0.0102%4h0.09132−0.049%$1.4M$1.2M50xas long as short
BingX ONG-USDT−0.0096%4h0.09135−0.016%$1.4Mas long as short