Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.071%
Price spread now: MEXC against Bitget−0.087%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.087%, 7d avg −0.088%
=The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONGUSDT | 0.09166 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $1.4M | $1.2M | 50x |
| Short | MEXC ONG_USDT | 0.09158 | 0.0068 | get 0.0034% / 4h | 1h 51m | $10.0M | $350K | 20x |
Bitget ONGUSDT
MEXC ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- −$6.72
- Price spread: −0.087% → −0.088%
- $0.11
- Slippage, 4 orders
- −$40.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$62.91
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 5 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 Bitget live order book, 3 min ago | 2.18 bp | 20.5 bp −$20 | 90.0 bp −$900 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.55 bp | 9.4 bp −$9 | 33.8 bp −$338 | 182.0 bp −$18.2K | doesn't fit |
ONG on 10 exchanges
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 | −0.1509% | 4h | 0.09135 | −0.338% | $28K | $39K | 20x | as long as short |
| MEXC ONG_USDTshort | +0.0068% | 4h | 0.09158 | −0.087% | $10.0M | $350K | 20x | |
| Binance ONGUSDT | +0.0070% | 4h | 0.09159 | −0.080% | $6.3M | $14.9M | 50x | as long as short |
| Extended ONG-USD | +0.0072% | 1h | 0.09155 | −0.115% | $172K | $18K | 5x | as long as short |
| Aster ONGUSDT | +0.0100% | 1h | 0.09161 | −0.051% | $69K | $52K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09166 | 0.000% | $2.3M | $2.9M | 20x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09159 | −0.076% | $357K | $342K | 20x | as long as short |
| Bitget ONGUSDTlong | +0.0100% | 4h | 0.09166 | long leg | $1.4M | $1.2M | 50x | |
| BingX ONG-USDT | +0.0100% | 4h | 0.09162 | −0.044% | — | $1.5M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09166 | +0.002% | $131K | $35K | — | as long as short |
HTX ONG-USDT
Binance ONGUSDT
Extended ONG-USD
Aster ONGUSDT
Bybit ONGUSDT
Gate ONG_USDT
BingX ONG-USDT
Variational Omni ONG