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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.3428%/8h= −375.4% APRnext payment $17.14 per $10,000 · paid last 24h −0.278%
Price spread now: HTX against Bybit−0.757%7-day average −0.919% · 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−0.328%−$33 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now −0.757%, 7d avg −0.919%
Together, before fees−0.486%−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.162% dearer against Bybit than usual: you sell high and buy low (spread −0.757% now, against its 7-day average of −0.919%): +$16 on $10k if it goes back. Holding the pair costs −$103 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.328% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.328% in total (about -17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $17.14 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
LongBybit ONGUSDT0.091140.0100pay 0.0050% / 4h1h 23m$2.5M$3.1M20x
ShortHTX ONG-USDT0.09045−0.3328pay 0.1664% / 4h1h 23m$29K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
−$719.91
Price spread: −0.757% → −0.919%
$16.21
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$726.7
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago1.64 bp36.4 bp −$36doesn't fitdoesn'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−0.3328%4h0.09045−0.757%$29K$81K20x
Binance ONGUSDT−0.1016%4h0.09098−0.176%$6.8M$15.3M50xas long as short
Extended ONG-USD−0.1016%1h0.09098−0.179%$172K$18K5xas long as short
MEXC ONG_USDT−0.1006%4h0.09098−0.176%$9.9M$378K20xas long as short
Bitget ONGUSDT−0.0690%4h0.09099−0.165%$1.4M$1.2M50xas long as short
Aster ONGUSDT−0.0676%1h0.09110−0.044%$78K$99K5xas long as short
Gate ONG_USDT−0.0610%4h0.09113−0.011%$371K$355K20xas long as short
Bybit ONGUSDTlong+0.0100%4h0.09114long leg$2.5M$3.1M20x
BingX ONG-USDT+0.0100%4h0.09110−0.044%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09110−0.045%$150K$30Kas long as short