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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1752%/8h= −191.9% APRnext payment $8.76 per $10,000 · paid last 24h −0.339%
Price spread now: HTX against Bitget−0.066%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.681%−$68 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and HTX is 0.066% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.681% in total (about -35.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $8.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONGUSDT0.090770.0100pay 0.0050% / 4h3h 19m$1.4M$1.3M50x
ShortHTX ONG-USDT0.09071−0.1652pay 0.0826% / 4h3h 19m$28K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$367.94
Price spread: −0.066% → 0.000%
−$6.61
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$398.55
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.

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, 2 min ago2.75 bp25.8 bp −$2691.8 bp −$918doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort−0.1652%4h0.09071−0.066%$28K$35K20x
Extended ONG-USD−0.0128%1h0.09072−0.060%$170K$20K5xas long as short
MEXC ONG_USDT−0.0128%4h0.09063−0.154%$9.9M$418K20xas long as short
Binance ONGUSDT−0.0122%4h0.09061−0.176%$6.4M$15.4M50xas long as short
Variational Omni ONG−0.0011%4h0.09078+0.010%$132K$42Kas long as short
Aster ONGUSDT+0.0052%1h0.09068−0.104%$73K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09067−0.110%$2.4M$2.9M20xas long as short
Gate ONG_USDT+0.0100%4h0.09080+0.033%$361K$360K20xas long as short
Bitget ONGUSDTlong+0.0100%4h0.09077long leg$1.4M$1.3M50x
BingX ONG-USDT+0.0100%4h0.09078+0.011%$1.4Mas long as short