ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.1348%/8h= −147.6% APRnext payment −$6.74 per $10,000 · paid last 24h −0.378%

Price spread now: HTX against MEXC−0.382%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.595%−$60 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and HTX is 0.382% cheaper against MEXC than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.595% in total (about -31.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.74 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	0.09160	−0.0104	get 0.0052% / 4h	2h 56m	$10.0M	$365K	20x
Short	HTX ONG-USDT	0.09125	−0.1452	pay 0.0726% / 4h	2h 56m	$28K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now −0.382%Rate

Funding earned: −$283.12
Price spread: −0.382% → 0.000%: −$38.21
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: −$337.33
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; HTX: no order-book sample. 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 MEXC live order book, 1 min ago	1.09 bp	6.8 bp −$7	33.2 bp −$332	184.6 bp −$18.5K	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

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-USDTshort	−0.1452%	4h	0.09125	−0.382%	$28K	$39K	20x
MEXC ONG_USDTlong	−0.0104%	4h	0.09160	long leg	$10.0M	$365K	20x
Binance ONGUSDT	−0.0098%	4h	0.09160	+0.002%	$6.3M	$15.4M	50x	as long as short
Extended ONG-USD	−0.0096%	1h	0.09158	−0.018%	$172K	$18K	5x	as long as short
Variational Omni ONG	−0.0079%	4h	0.09151	−0.095%	$131K	$35K	—	as long as short
Aster ONGUSDT	+0.0100%	1h	0.09166	+0.061%	$70K	$51K	5x	as long as short
Bybit ONGUSDT	+0.0100%	4h	0.09164	+0.044%	$2.4M	$2.9M	20x	as long as short
Gate ONG_USDT	+0.0100%	4h	0.09166	+0.066%	$356K	$338K	20x	as long as short
Bitget ONGUSDT	+0.0100%	4h	0.09165	+0.055%	$1.4M	$1.2M	50x	as long as short
BingX ONG-USDT	+0.0100%	4h	0.09163	+0.033%	—	$1.5M	—	as long as short