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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.503%
Price spread now: Bybit against Extended+0.150%7-day average +0.534% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.447%+$45 on $10k
Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.150%, 7d avg +0.534%
Together, before fees+0.541%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.385% cheaper against Extended than usual: you would sell low and buy high (spread +0.150% now, against its 7-day average of +0.534%). If the spread goes back, that is −$38 on $10k: about 12 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ONG-USD0.09047−0.0008get 0.0001% / 1h56m 24s$170K$20K5x
ShortBybit ONGUSDT0.090610.0100get 0.0050% / 4h1h 56m$2.4M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
$22.68
Price spread: +0.150% → +0.534%
−$38.47
Slippage, 4 orders
−$121.97
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.76
Costs to cover
1.380%
Break-even
54.5 days
Slippage from Extended: live order book, 49 min ago; Bybit: live order book, 1 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 Extended live order book, 49 min ago0.61 bp25.2 bp −$25145.9 bp −$1,459doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.76 bp43.1 bp −$43505.4 bp −$5,054doesn'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−0.1000%4h0.09049+0.017%$28K$37K20xas long as short
Binance ONGUSDT−0.0012%4h0.09051+0.039%$6.3M$15.9M50xas long as short
MEXC ONG_USDT−0.0010%4h0.09050+0.028%$9.9M$412K20xas long as short
Extended ONG-USDlong−0.0008%1h0.09047long leg$170K$20K5x
Aster ONGUSDT+0.0100%1h0.09060+0.136%$70K$55K5xas long as short
Bybit ONGUSDTshort+0.0100%4h0.09061+0.150%$2.4M$3.0M20x
Gate ONG_USDT+0.0100%4h0.09060+0.139%$347K$364K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09057+0.105%$1.4M$1.3M50xas long as short
BingX ONG-USDT+0.0100%4h0.09051+0.039%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09089+0.463%$131K$43Kas long as short