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+0.1309%/8h= +143.3% APRnext payment +$6.55 per $10,000 · paid last 24h +0.408%
Price spread now: Gate against HTX+0.233%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+0.798%+$80 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 +$39 a day on $10k at the current rate, and Gate is 0.233% dearer against HTX than usual: you sell high and buy low: +$23 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 0.798% in total (about 41.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.55 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-USDT0.09028−0.1209get 0.0605% / 4h1h 31m$28K$38K20x
ShortGate ONG_USDT0.090490.0100get 0.0050% / 4h1h 31m$350K$368K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$274.9
Price spread: +0.233% → 0.000%
$23.26
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$271.16
Costs to cover
0.270%
Break-even
0.1 days
Slippage unknown: HTX: no order-book sample; Gate: live order book, 9 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 Gate live order book, 9 min ago2.21 bp61.9 bp −$62doesn't fitdoesn'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−0.1209%4h0.09028long leg$28K$38K20x
Extended ONG-USD0.0000%1h0.09050+0.242%$170K$20K5xas long as short
MEXC ONG_USDT0.0000%4h0.09051+0.255%$9.9M$415K20xas long as short
Binance ONGUSDT+0.0003%4h0.09048+0.222%$6.3M$15.9M50xas long as short
Aster ONGUSDT+0.0100%1h0.09056+0.311%$69K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09053+0.277%$2.4M$3.0M20xas long as short
Gate ONG_USDTshort+0.0100%4h0.09049+0.233%$350K$368K20x
Bitget ONGUSDT+0.0100%4h0.09051+0.255%$1.4M$1.3M50xas long as short
BingX ONG-USDT+0.0100%4h0.09054+0.288%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09057+0.320%$131K$43Kas long as short