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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0399%/8h= +43.7% APRnext payment +$1.99 per $10,000 · paid last 24h −0.195%
Price spread now: HTX against Gate−0.177%7-day average −0.534% · 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−0.636%−$64 on $10k
Price spread, last 3 days (all we have)−0.638%−$64 · spread now −0.177%, 7d avg −0.534%
Together, before fees−1.274%−$127 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and HTX is 0.358% dearer against Gate than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.534%. Mind the row above: over the last 7 days funding on this pair cost −0.636%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONG_USDT0.09057−0.2338get 0.1169% / 4h3h 51m$369K$333K20x
ShortHTX ONG-USDT0.09041−0.1939pay 0.0970% / 4h3h 51m$28K$64K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$83.78
Price spread: −0.177% → −0.534%
$35.78
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
$92.55
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: Gate: live order book, 19 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 Gate live order book, 19 min ago9.82 bp42.0 bp −$42doesn'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
Gate ONG_USDTlong−0.2338%4h0.09057long leg$369K$333K20x
HTX ONG-USDTshort−0.1939%4h0.09041−0.177%$28K$64K20x
Extended ONG-USD−0.1176%1h0.09049−0.088%$172K$18K5xas long as short
MEXC ONG_USDT−0.1174%4h0.09052−0.055%$9.8M$377K20xas long as short
Binance ONGUSDT−0.1173%4h0.09047−0.110%$6.7M$15.0M50xas long as short
Aster ONGUSDT−0.0910%1h0.09050−0.077%$82K$82K5xas long as short
Bitget ONGUSDT−0.0806%4h0.09046−0.121%$1.4M$1.1M50xas long as short
BingX ONG-USDT−0.0250%4h0.09053−0.044%$1.4Mas long as short
Variational Omni ONG+0.0070%4h0.09170+1.251%$152K$25Kas long as short
Bybit ONGUSDT+0.0100%4h0.09070+0.144%$2.5M$3.0M20xas long as short