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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.008%
Price spread now: Extended against Gate−0.026%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.498%−$50 on $10k
Price spread, last 4 days (all we have)−0.284%−$28 · spread now −0.026%, 7d avg −0.205%
Together, before fees−0.781%+ Points / potential airdropExtended: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.179% dearer against Gate than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.205%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.498% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONG_USDT0.09121−0.0302get 0.0151% / 4h24m 38s$359K$359K20x
ShortExtended ONG-USD0.09119−0.0368pay 0.0046% / 1h24m 38s$171K$20K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
−$13.86
Price spread: −0.026% → −0.205%
$17.85
Slippage, 4 orders
−$119.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$135.11
Costs to cover
1.391%
Break-even
never at this rate
Slippage from Gate: live order book, 31 min ago; Extended: live order book, 32 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 Gate live order book, 31 min ago8.71 bp51.6 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 32 min ago0.60 bp25.6 bp −$26154.6 bp −$1,546doesn'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−0.2068%4h0.09084−0.406%$28K$35K20xas long as short
Extended ONG-USDshort−0.0368%1h0.09119−0.026%$171K$20K5x
MEXC ONG_USDT−0.0366%4h0.09118−0.033%$9.9M$420K20xas long as short
Binance ONGUSDT−0.0359%4h0.09141+0.219%$6.5M$15.5M50xas long as short
Variational Omni ONG−0.0324%4h0.09113−0.090%$134K$41Kas long as short
Gate ONG_USDTlong−0.0302%4h0.09121long leg$359K$359K20x
Bybit ONGUSDT−0.0239%4h0.09145+0.263%$2.4M$2.9M20xas long as short
Aster ONGUSDT−0.0192%1h0.09126+0.056%$81K$58K5xas long as short
Bitget ONGUSDT−0.0136%4h0.09151+0.329%$1.4M$1.2M50xas long as short
BingX ONG-USDT−0.0110%4h0.09134+0.143%$1.4Mas long as short