ONG

Alert

Funding spread now, next payment 16:00 UTC+0.0340%/8h

next payment, per $10,000+$1.70paid, last 24h+0.152%paid, last 7 days+0.195%to open and close $10k−$67

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.70 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	0.08928	−0.2424	get 0.1212% / 4h	45m 48s	$9.6M	$402K	20x
Short	Bitget ONGUSDT	0.08930	−0.2084	pay 0.1042% / 4h	45m 48s	$1.4M	$1.3M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersRate

Funding earned: $71.4
Slippage, 4 orders: −$51.15
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: $4.25
Break-even: 6.6 days

Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.022%
Avg gap 7d: +0.092%

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, 3 min ago	0.56 bp	6.6 bp −$7	28.6 bp −$286	196.8 bp −$19.7K	doesn't fit
Sell Bitget live order book, 2 min ago	5.05 bp	25.4 bp −$25	87.2 bp −$872	doesn't fit	doesn't fit

ONG on 10 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC ONG_USDTlong	−0.2424%	4h	$9.6M	$402K	20x
Binance ONGUSDT	−0.2410%	4h	$6.8M	$16.6M	50x	as long as short
Extended ONG-USD	−0.2408%	1h	$155K	$18K	5x	as long as short
BingX ONG-USDT	−0.2392%	4h	—	$1.3M	—	as long as short
Bitget ONGUSDTshort	−0.2084%	4h	$1.4M	$1.3M	50x
HTX ONG-USDT	−0.1633%	4h	$28K	$170K	20x	as long as short
Aster ONGUSDT	−0.1586%	1h	$79K	$121K	5x	as long as short
Gate ONG_USDT	−0.1172%	4h	$371K	$277K	20x	as long as short
Variational Omni ONG	−0.0507%	4h	$133K	$61K	—	as long as short
Bybit ONGUSDT	−0.0264%	4h	$2.4M	$3.4M	20x	as long as short