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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0350%/8h= +38.3% APRpaid last 24h −0.037%
Price spread now: Gate against Extended−0.008%7-day average +0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.521%+$52 on $10k
Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.008%, 7d avg +0.211%
Together, before fees+0.786%+ Points / potential airdropExtended: Active · farm board+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.219% cheaper against Extended than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.211%). If the spread goes back, that is −$22 on $10k: about 2.1 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ONG-USD0.09240−0.1104get 0.0138% / 1h27m 02s$174K$18K5x
ShortGate ONG_USDT0.09239−0.0754pay 0.0377% / 4h27m 02s$377K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$73.5
Price spread: −0.008% → +0.211%
−$21.87
Slippage, 4 orders
−$122.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$90.71
Costs to cover
1.423%
Break-even
15.6 days
Slippage from Extended: live order book, 49 min ago; Gate: live order book, 48 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 ago0.66 bp17.0 bp −$17148.4 bp −$1,484doesn't fitdoesn't fit
Sell Gate live order book, 48 min ago9.30 bp49.7 bp −$50doesn't fitdoesn'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−0.3495%4h0.09202−0.408%$29K$73K20xas long as short
Extended ONG-USDlong−0.1104%1h0.09240long leg$174K$18K5x
Binance ONGUSDT−0.1101%4h0.09241+0.019%$6.9M$15.5M50xas long as short
MEXC ONG_USDT−0.1100%4h0.09237−0.030%$10.0M$377K20xas long as short
Aster ONGUSDT−0.0802%1h0.09256+0.176%$85K$104K5xas long as short
Bitget ONGUSDT−0.0768%4h0.09242+0.024%$1.4M$1.2M50xas long as short
Gate ONG_USDTshort−0.0754%4h0.09239−0.008%$377K$339K20x
Bybit ONGUSDT+0.0100%4h0.09256+0.176%$2.6M$3.1M20xas long as short
BingX ONG-USDT+0.0100%4h0.09246+0.068%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09245+0.062%$152K$25Kas long as short