Funding you earn now, next payment 00:00 UTC+0.2407%/8h= +263.6% APRnext payment +$12.04 per $10,000 · paid last 24h −0.075%
Price spread now: MEXC against HTX+0.043%7-day average +0.352% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 3 days (all we have)+0.652%+$65 · spread now +0.043%, 7d avg +0.352%
=Funding pays, the price is against you. MEXC is 0.309% cheaper against HTX than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.352%). If the spread goes back, that is −$31 on $10k: about 10 hours of funding at the current rate (+$72 a day). At the pace of the last 7 days (+0.157% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ONG-USDT | 0.09203 | −0.3511 | get 0.1756% / 4h | 18m 16s | $29K | $71K | 20x |
| Short | MEXC ONG_USDT | 0.09207 | −0.1104 | pay 0.0552% / 4h | 18m 16s | $10.0M | $378K | 20x |
HTX ONG-USDT
MEXC ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $505.57
- Price spread: +0.043% → +0.352%
- −$30.87
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $458.7
- Costs to cover
- 0.160%
- Break-even
- 0.6 days
Slippage unknown: HTX: no order-book sample; MEXC: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 0.54 bp | 4.0 bp −$4 | 46.8 bp −$468 | 217.3 bp −$21.7K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ONG-USDTlong | −0.3511% | 4h | 0.09203 | long leg | $29K | $71K | 20x | |
| Extended ONG-USD | −0.1112% | 1h | 0.09205 | +0.024% | $175K | $18K | 5x | as long as short |
| Binance ONGUSDT | −0.1110% | 4h | 0.09207 | +0.043% | $6.9M | $15.6M | 50x | as long as short |
| MEXC ONG_USDTshort | −0.1104% | 4h | 0.09207 | +0.043% | $10.0M | $378K | 20x | |
| Gate ONG_USDT | −0.0794% | 4h | 0.09222 | +0.206% | $377K | $340K | 20x | as long as short |
| Bitget ONGUSDT | −0.0784% | 4h | 0.09221 | +0.196% | $1.4M | $1.2M | 50x | as long as short |
| Aster ONGUSDT | −0.0776% | 1h | 0.09232 | +0.313% | $83K | $100K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09216 | +0.141% | $2.6M | $3.1M | 20x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09216 | +0.141% | — | $1.4M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09230 | +0.296% | $153K | $25K | — | as long as short |
Extended ONG-USD
Binance ONGUSDT
Gate ONG_USDT
Bitget ONGUSDT
Aster ONGUSDT
Bybit ONGUSDT
BingX ONG-USDT
Variational Omni ONG