ONG

Alert

Funding spread now, next payment 20:00 UTC+0.1536%/8h

next payment, per $10,000+$7.68paid, last 24h+0.211%paid, last 7 days−0.085%to open and close $10k−$121

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.68 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	Bitget ONGUSDT	0.08932	−0.1436	get 0.0718% / 4h	3h 27m	$1.4M	$1.2M	50x
Short	Bybit ONGUSDT	0.08948	0.0100	get 0.0050% / 4h	3h 27m	$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 BitgetbpFee BybitbpOrdersRate

Funding earned: $322.56
Slippage, 4 orders: −$97.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $201.62
Break-even: 2.6 days

Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.179%
Avg gap 7d: +0.264%

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 Bitget live order book, 1 min ago	4.48 bp	30.0 bp −$30	98.5 bp −$985	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.79 bp	37.6 bp −$38	380.0 bp −$3,800	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	−0.5314%	4h	$28K	$155K	20x	as long as short
Gate ONG_USDT	−0.2036%	4h	$357K	$319K	20x	as long as short
Binance ONGUSDT	−0.1890%	4h	$6.8M	$15.6M	50x	as long as short
Extended ONG-USD	−0.1888%	1h	$165K	$28K	5x	as long as short
MEXC ONG_USDT	−0.1884%	4h	$9.6M	$389K	20x	as long as short
Bitget ONGUSDTlong	−0.1436%	4h	$1.4M	$1.2M	50x
Aster ONGUSDT	−0.1300%	1h	$79K	$113K	5x	as long as short
Bybit ONGUSDTshort	+0.0100%	4h	$2.4M	$3.2M	20x
BingX ONG-USDT	+0.0100%	4h	—	$1.3M	—	as long as short
Variational Omni ONG	+0.0100%	4h	$139K	$50K	—	as long as short