Settings8H · net · $10k
Funding arb · Price arb /

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.346%
Price spread now: Extended against BingX−0.059%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$660.660% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.931%−$93 on $10k
Price spread, last 4 days (all we have)−0.454%−$45 · spread now −0.059%, 7d avg −0.167%
Together, before fees−1.384%+ Points / potential airdropExtended: Active · farm board−$138 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.108% dearer against BingX than usual: you sell high and buy low (spread −0.059% now, against its 7-day average of −0.167%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.931% in total) that is about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ONG-USDT0.091460.0100pay 0.0050% / 4h2h 58m$1.5M
ShortExtended ONG-USD0.09141−0.0104pay 0.0013% / 1h58m 12s$172K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
−$42.84
Price spread: −0.059% → −0.167%
$10.79
Slippage, 4 orders
−$51.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$98.1
Costs to cover
0.660%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago2.72 bp12.8 bp −$1329.0 bp −$290238.1 bp −$23.8K422.2 bp −$211.1K
Sell Extended live order book, 32 min ago0.22 bp20.5 bp −$20134.7 bp −$1,347doesn't fitdoesn't fit

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−0.1468%4h0.09133−0.142%$28K$39K20xas long as short
MEXC ONG_USDT−0.0110%4h0.09145−0.011%$9.9M$365K20xas long as short
Binance ONGUSDT−0.0105%4h0.09145−0.011%$6.3M$15.4M50xas long as short
Extended ONG-USDshort−0.0104%1h0.09141−0.059%$172K$18K5x
Variational Omni ONG−0.0079%4h0.09151+0.058%$131K$35Kas long as short
Aster ONGUSDT+0.0100%1h0.09151+0.053%$70K$51K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09149+0.033%$2.4M$2.9M20xas long as short
Gate ONG_USDT+0.0100%4h0.09154+0.087%$356K$338K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09150+0.044%$1.4M$1.2M50xas long as short
BingX ONG-USDTlong+0.0100%4h0.09146long leg$1.5M