Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h +0.139%
Price spread now: Gate against Binance+0.077%7-day average +0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
Funding, last 7 days+0.300%+$30 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.077%, 7d avg +0.184%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.107% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.184%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.300%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONGUSDT | 0.09093 | −0.0914 | get 0.0457% / 4h | 2h 21m | $6.6M | $15.0M | 50x |
| Short | Gate ONG_USDT | 0.09100 | −0.1058 | pay 0.0529% / 4h | 2h 21m | $368K | $347K | 20x |
Binance ONGUSDT
Gate ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$30.31
- Price spread: +0.077% → +0.184%
- −$10.66
- Slippage, 4 orders
- −$106.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$172.02
- Costs to cover
- 1.310%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 44 min ago.
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, 4 min ago | 0.55 bp | 13.2 bp −$13 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 10.36 bp | 57.7 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
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-USDT | −0.2352% | 4h | 0.09084 | −0.099% | $28K | $47K | 20x | as long as short |
| Gate ONG_USDTshort | −0.1058% | 4h | 0.09100 | +0.077% | $368K | $347K | 20x | |
| Binance ONGUSDTlong | −0.0914% | 4h | 0.09093 | long leg | $6.6M | $15.0M | 50x | |
| Extended ONG-USD | −0.0912% | 1h | 0.09105 | +0.132% | $172K | $18K | 5x | as long as short |
| MEXC ONG_USDT | −0.0912% | 4h | 0.09093 | 0.000% | $9.9M | $376K | 20x | as long as short |
| Bybit ONGUSDT | −0.0628% | 4h | 0.09101 | +0.088% | $2.5M | $2.9M | 20x | as long as short |
| Aster ONGUSDT | −0.0570% | 1h | 0.09115 | +0.242% | $81K | $74K | 5x | as long as short |
| Bitget ONGUSDT | −0.0548% | 4h | 0.09104 | +0.121% | $1.4M | $1.1M | 50x | as long as short |
| BingX ONG-USDT | −0.0382% | 4h | 0.09109 | +0.176% | — | $1.4M | — | as long as short |
| Variational Omni ONG | −0.0354% | 4h | 0.09097 | +0.049% | $150K | $24K | — | as long as short |
HTX ONG-USDT
Extended ONG-USD
MEXC ONG_USDT
Bybit ONGUSDT
Aster ONGUSDT
Bitget ONGUSDT
BingX ONG-USDT
Variational Omni ONG