Funding you earn now, next payment 04:00 UTC+0.0343%/8h= +37.6% APRnext payment +$1.71 per $10,000 · paid last 24h −0.028%
Price spread now: Variational Omni against Bybit−0.015%7-day average +0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.015%, 7d avg +0.034%
=Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.050% cheaper against Bybit than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.004% in total) that is about 42 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.71 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 | Bybit ONGUSDT | 0.09123 | −0.0356 | get 0.0178% / 4h | 3h 32m | $2.5M | $3.0M | 20x |
| Short | Variational Omni ONG | 0.09122 | −0.0013 | pay 0.0006% / 4h | 3h 32m | $151K | $25K | — |
Bybit ONGUSDT
Variational Omni ONGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- $72.02
- Price spread: −0.015% → +0.034%
- −$4.98
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $56.05
- Costs to cover
- 0.110%
- Break-even
- 1.6 days
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 41 min ago. Net counts fees only.
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 Bybit live order book, 5 min ago | 1.64 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 41 min ago | 4.35 bp | doesn't fit | 335.9 bp −$3,359 | doesn't fit | doesn't fit |
ONG on 10 venues
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 | −0.3685% | 4h | 0.09049 | −0.811% | $28K | $59K | 20x | as long as short |
| Binance ONGUSDT | −0.1156% | 4h | 0.09103 | −0.219% | $6.7M | $15.0M | 50x | as long as short |
| MEXC ONG_USDT | −0.1154% | 4h | 0.09099 | −0.263% | $9.9M | $393K | 20x | as long as short |
| Extended ONG-USD | −0.1152% | 1h | 0.09100 | −0.254% | $172K | $18K | 5x | as long as short |
| Gate ONG_USDT | −0.1120% | 4h | 0.09109 | −0.153% | $373K | $339K | 20x | as long as short |
| Aster ONGUSDT | −0.1023% | 1h | 0.09110 | −0.141% | $82K | $82K | 5x | as long as short |
| Bitget ONGUSDT | −0.0772% | 4h | 0.09107 | −0.175% | $1.4M | $1.1M | 50x | as long as short |
| Bybit ONGUSDTlong | −0.0356% | 4h | 0.09123 | long leg | $2.5M | $3.0M | 20x | |
| BingX ONG-USDT | −0.0332% | 4h | 0.09106 | −0.186% | — | $1.4M | — | as long as short |
| Variational Omni ONGshort | −0.0013% | 4h | 0.09122 | −0.015% | $151K | $25K | — |
HTX ONG-USDT
Binance ONGUSDT
MEXC ONG_USDT
Extended ONG-USD
Gate ONG_USDT
Aster ONGUSDT
Bitget ONGUSDT
BingX ONG-USDT