ONG

Alert

Funding spread now, next payment 20:00 UTC+0.1794%/8h

next payment, per $10,000+$8.97paid, last 24h+0.127%paid, last 7 days+0.619%to open and close $10k−$50

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.619% in total (about 32.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.97 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	MEXC ONG_USDT	0.08855	−0.1886	get 0.0943% / 4h	2h 12m	$9.6M	$394K	20x
Short	BingX ONG-USDT	0.08864	−0.0092	pay 0.0046% / 4h	2h 12m	—	$1.3M	—

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersRate

Funding earned: $376.74
Slippage, 4 orders: −$36.37
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $326.37
Break-even: 0.9 days

Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 9 min ago.

Price risk

price view

Price gap now: +0.102%
Avg gap 7d: +0.116%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 MEXC live order book, 2 min ago	1.13 bp	9.4 bp −$9	29.3 bp −$293	182.2 bp −$18.2K	doesn't fit
Sell BingX live order book, 9 min ago	3.38 bp	16.0 bp −$16	42.2 bp −$422	292.0 bp −$29.2K	473.1 bp −$236.5K

ONG on 10 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX ONG-USDT	−0.4855%	4h	$28K	$140K	20x	as long as short
Gate ONG_USDT	−0.1948%	4h	$354K	$332K	20x	as long as short
Binance ONGUSDT	−0.1892%	4h	$6.7M	$15.3M	50x	as long as short
Extended ONG-USD	−0.1888%	1h	$165K	$17K	5x	as long as short
MEXC ONG_USDTlong	−0.1886%	4h	$9.6M	$394K	20x
Bitget ONGUSDT	−0.1596%	4h	$1.4M	$1.2M	50x	as long as short
Aster ONGUSDT	−0.1316%	1h	$75K	$110K	5x	as long as short
Bybit ONGUSDT	−0.0230%	4h	$2.4M	$3.2M	20x	as long as short
BingX ONG-USDTshort	−0.0092%	4h	—	$1.3M	—
Variational Omni ONG	+0.0077%	4h	$138K	$44K	—	as long as short