Settings8H · net · $10k
Funding arb · Price arb /

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.443%
Price spread now: Variational Omni against MEXC−0.012%7-day average +0.557% · you buy dearer than you sell
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 4 days (all we have)−0.239%−$24 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.012%, 7d avg +0.557%
Together, before fees+0.058%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.569% cheaper against MEXC than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.557%). If the spread goes back, that is −$57 on $10k: about 2 months of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONG_USDT0.090210.0072pay 0.0036% / 4h1h 00m$9.8M$430K20x
ShortVariational Omni ONG0.090200.0100get 0.0050% / 4h1h 00m$130K$40K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$5.88
Price spread: −0.012% → +0.557%
−$56.87
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$54.99
Costs to cover
0.040%
Break-even
72.5 days
Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: RFQ quote, 44 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 MEXC live order book, 3 min ago1.11 bp7.2 bp −$719.5 bp −$195192.9 bp −$19.3K590.5 bp −$295.2K
Sell Variational Omni RFQ quote, 44 min ago6.62 bpdoesn't fit380.5 bp −$3,805doesn't fitdoesn't fit

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-USDT−0.1443%4h0.08995−0.288%$28K$39K20xas long as short
Extended ONG-USD+0.0064%1h0.09016−0.052%$169K$20K5xas long as short
Binance ONGUSDT+0.0066%4h0.09018−0.038%$6.2M$15.8M50xas long as short
MEXC ONG_USDTlong+0.0072%4h0.09021long leg$9.8M$430K20x
Aster ONGUSDT+0.0100%1h0.09030+0.099%$69K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09022+0.011%$2.3M$3.0M20xas long as short
Gate ONG_USDT+0.0100%4h0.09028+0.078%$349K$370K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09024+0.033%$1.3M$1.2M50xas long as short
BingX ONG-USDT+0.0100%4h0.09022+0.011%$1.5Mas long as short
Variational Omni ONGshort+0.0100%4h0.09020−0.012%$130K$40K