ONG

Alert

Funding spread now, next payment 20:00 UTC+0.1541%/8h

next payment, per $10,000+$7.71paid, last 24h+0.337%paid, last 7 days+0.102%to open and close $10k−$118

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.71 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	Binance ONGUSDT	0.08880	−0.1858	get 0.0929% / 4h	1h 33m	$6.7M	$15.5M	50x
Short	Bybit ONGUSDT	0.08898	−0.0316	pay 0.0158% / 4h	1h 33m	$2.4M	$3.2M	20x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersRate

Funding earned: $323.65
Slippage, 4 orders: −$96.77
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $205.88
Break-even: 2.5 days

Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 6 min ago.

Price risk

price view

Price gap now: +0.199%
Avg gap 7d: +0.367%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Binance live order book, 9 min ago	0.56 bp	10.7 bp −$11	43.9 bp −$439	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	2.80 bp	47.9 bp −$48	346.1 bp −$3,461	doesn't fit	doesn't fit

ONG on 10 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX ONG-USDT	−0.4574%	4h	$28K	$132K	20x	as long as short
Binance ONGUSDTlong	−0.1858%	4h	$6.7M	$15.5M	50x
Extended ONG-USD	−0.1856%	1h	$166K	$17K	5x	as long as short
MEXC ONG_USDT	−0.1856%	4h	$9.6M	$387K	20x	as long as short
BingX ONG-USDT	−0.1762%	4h	—	$1.3M	—	as long as short
Gate ONG_USDT	−0.1684%	4h	$358K	$336K	20x	as long as short
Bitget ONGUSDT	−0.1652%	4h	$1.4M	$1.2M	50x	as long as short
Aster ONGUSDT	−0.0635%	1h	$76K	$110K	5x	as long as short
Bybit ONGUSDTshort	−0.0316%	4h	$2.4M	$3.2M	20x
Variational Omni ONG	−0.0137%	4h	$139K	$45K	—	as long as short