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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1403%/8h= +153.6% APRnext payment +$7.01 per $10,000 · paid last 24h +0.256%
Price spread now: Binance against HTX+0.489%7-day average · you sell dearer than you buy
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+0.497%+$50 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Binance is 0.489% dearer against HTX than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.497% in total (about 25.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ONG-USDT0.09000−0.1336get 0.0668% / 4h1h 05m$28K$39K20x
ShortBinance ONGUSDT0.090440.0067get 0.0034% / 4h1h 05m$6.2M$15.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$294.56
Price spread: +0.489% → 0.000%
$48.89
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$321.45
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Binance: live order book, 5 min ago. 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 HTX no order-book sample
Sell Binance live order book, 5 min ago1.11 bp13.0 bp −$1336.7 bp −$367doesn't fitdoesn't fit
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
HTX ONG-USDTlong−0.1336%4h0.09000long leg$28K$39K20x
Extended ONG-USD+0.0064%1h0.09038+0.425%$169K$20K5xas long as short
MEXC ONG_USDT+0.0066%4h0.09042+0.467%$9.8M$418K20xas long as short
Binance ONGUSDTshort+0.0067%4h0.09044+0.489%$6.2M$15.8M50x
Aster ONGUSDT+0.0100%1h0.09048+0.537%$69K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09048+0.533%$2.4M$3.0M20xas long as short
Gate ONG_USDT+0.0100%4h0.09053+0.589%$350K$369K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09045+0.500%$1.4M$1.2M50xas long as short
BingX ONG-USDT+0.0100%4h0.09046+0.511%$1.5Mas long as short
Variational Omni ONG+0.0100%4h0.09047+0.521%$131K$40Kas long as short