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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0200%/8hpaid last 24h −0.030%
Price spread now: Extended against Bitget+0.013%7-day average −0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$970.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.430%−$43 on $10k
Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.013%, 7d avg −0.160%
Together, before fees−0.537%+ Points / potential airdropExtended: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.173% dearer against Bitget than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.160%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONGUSDT0.09036−0.1264get 0.0632% / 4h5m 35s$1.4M$1.2M50x
ShortExtended ONG-USD0.09037−0.1464pay 0.0183% / 1h5m 35s$170K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
Price spread: +0.013% → −0.160%
$17.33
Slippage, 4 orders
−$80.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$121.9
Costs to cover
0.972%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 25 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 Bitget live order book, 5 min ago6.12 bp25.8 bp −$2694.7 bp −$947doesn't fitdoesn't fit
Sell Extended live order book, 25 min ago0.61 bp22.6 bp −$23135.7 bp −$1,357doesn'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−0.4005%4h0.09009−0.299%$28K$115K20xas long as short
Binance ONGUSDT−0.1465%4h0.09039+0.029%$6.8M$15.8M50xas long as short
Extended ONG-USDshort−0.1464%1h0.09037+0.013%$170K$18K5x
MEXC ONG_USDT−0.1464%4h0.09041+0.055%$9.8M$395K20xas long as short
BingX ONG-USDT−0.1464%4h0.09042+0.066%$1.3Mas long as short
Bitget ONGUSDTlong−0.1264%4h0.09036long leg$1.4M$1.2M50x
Gate ONG_USDT−0.1114%4h0.09044+0.089%$363K$352K20xas long as short
Aster ONGUSDT−0.0327%1h0.09044+0.086%$76K$111K5xas long as short
Variational Omni ONG−0.0293%4h0.09034−0.023%$148K$52Kas long as short
Bybit ONGUSDT−0.0113%4h0.09054+0.199%$2.5M$3.3M20xas long as short