Funding you earn now, next payment 04:00 UTC−0.0487%/8h= −53.4% APRnext payment −$2.44 per $10,000 · paid last 24h −0.237%
Price spread now: Binance against BingX−0.066%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days−0.659%−$66 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.066%, 7d avg −0.122%
=The price spread pays, funding is against you. Binance is 0.057% dearer against BingX than usual: you sell high and buy low (spread −0.066% now, against its 7-day average of −0.122%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONG-USDT | 0.09146 | −0.0378 | get 0.0189% / 4h | 2h 04m | — | $1.4M | — |
| Short | Binance ONGUSDT | 0.09140 | −0.0865 | pay 0.0433% / 4h | 2h 04m | $6.6M | $14.9M | 50x |
BingX ONG-USDT
Binance ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$102.35
- Price spread: −0.066% → −0.122%
- $5.66
- Slippage, 4 orders
- −$43.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159.73
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 6 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 BingX live order book, 11 min ago | 4.38 bp | 16.1 bp −$16 | 32.1 bp −$321 | 247.3 bp −$24.7K | 432.2 bp −$216.1K |
| Sell Binance live order book, 6 min ago | 1.10 bp | 16.3 bp −$16 | 43.4 bp −$434 | 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 | −0.2304% | 4h | 0.09093 | −0.579% | $28K | $43K | 20x | as long as short |
| Gate ONG_USDT | −0.0960% | 4h | 0.09152 | +0.066% | $371K | $350K | 20x | as long as short |
| Binance ONGUSDTshort | −0.0865% | 4h | 0.09140 | −0.066% | $6.6M | $14.9M | 50x | |
| Extended ONG-USD | −0.0864% | 1h | 0.09138 | −0.089% | $173K | $18K | 5x | as long as short |
| MEXC ONG_USDT | −0.0864% | 4h | 0.09140 | −0.066% | $9.9M | $377K | 20x | as long as short |
| Bybit ONGUSDT | −0.0782% | 4h | 0.09148 | +0.022% | $2.5M | $2.8M | 20x | as long as short |
| Aster ONGUSDT | −0.0582% | 1h | 0.09138 | −0.083% | $81K | $73K | 5x | as long as short |
| Bitget ONGUSDT | −0.0524% | 4h | 0.09135 | −0.120% | $1.4M | $1.2M | 50x | as long as short |
| Variational Omni ONG | −0.0514% | 4h | 0.09117 | −0.318% | $151K | $24K | — | as long as short |
| BingX ONG-USDTlong | −0.0378% | 4h | 0.09146 | long leg | — | $1.4M | — |
HTX ONG-USDT
Gate ONG_USDT
Extended ONG-USD
MEXC ONG_USDT
Bybit ONGUSDT
Aster ONGUSDT
Bitget ONGUSDT
Variational Omni ONG