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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.2108%/8h= +230.8% APRpaid last 24h −0.124%
Price spread now: Extended against HTX+0.157%7-day average +0.320% · you sell dearer than you buy
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4184.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 3 days (all we have)+0.478%+$48 · spread now +0.157%, 7d avg +0.320%
Together, before fees+0.440%+ Points / potential airdropExtended: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.162% cheaper against HTX than usual: you would sell low and buy high (spread +0.157% now, against its 7-day average of +0.320%). If the spread goes back, that is −$16 on $10k: about 6 hours of funding at the current rate (+$63 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment. 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-USDT0.08991−0.3100get 0.1550% / 4h2h 04m$28K$90K20x
ShortExtended ONG-USD0.09005−0.0992pay 0.0124% / 1h4m 16s$170K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$442.68
Price spread: +0.157% → +0.320%
−$16.25
Slippage, 4 orders
−$400.72
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$8.71
Costs to cover
4.177%
Break-even
6.9 days
Slippage from HTX: live order book, 81 min ago; Extended: live order book, 17 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 HTX live order book, 81 min ago36.16 bp304.1 bp −$304doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 17 min ago0.77 bp20.2 bp −$20124.6 bp −$1,246doesn'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-USDTlong−0.3100%4h0.08991long leg$28K$90K20x
Extended ONG-USDshort−0.0992%1h0.09005+0.157%$170K$18K5x
Binance ONGUSDT−0.0989%4h0.09007+0.178%$6.7M$15.6M50xas long as short
MEXC ONG_USDT−0.0988%4h0.09008+0.189%$9.8M$386K20xas long as short
Bitget ONGUSDT−0.0632%4h0.09015+0.267%$1.4M$1.2M50xas long as short
Aster ONGUSDT−0.0589%1h0.09025+0.378%$77K$100K5xas long as short
Gate ONG_USDT−0.0568%4h0.09029+0.423%$367K$361K20xas long as short
Bybit ONGUSDT+0.0100%4h0.09022+0.345%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.09011+0.222%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09035+0.485%$148K$40Kas long as short