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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0551%/8h= −60.3% APRpaid last 24h −0.043%
Price spread now: Binance against Aster−0.082%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.082%, 7d avg −0.093%
Together, before fees+0.077%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09065−0.0498get 0.0062% / 1h23m 43s$77K$100K5x
ShortBinance ONGUSDT0.09058−0.1049pay 0.0524% / 4h2h 23m$6.8M$15.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$115.68
Price spread: −0.082% → −0.093%
$1.12
Slippage, 4 orders
−$51.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$183.92
Costs to cover
0.694%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 61 min ago4.98 bp16.8 bp −$17441.7 bp −$4,417doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.55 bp15.4 bp −$1544.1 bp −$441doesn'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−0.3202%4h0.09047−0.203%$28K$95K20xas long as short
Binance ONGUSDTshort−0.1049%4h0.09058−0.082%$6.8M$15.6M50x
Extended ONG-USD−0.1048%1h0.09055−0.111%$171K$18K5xas long as short
MEXC ONG_USDT−0.1048%4h0.09058−0.082%$9.9M$385K20xas long as short
Bitget ONGUSDT−0.0764%4h0.09060−0.060%$1.4M$1.2M50xas long as short
Gate ONG_USDT−0.0596%4h0.09065−0.005%$368K$359K20xas long as short
Aster ONGUSDTlong−0.0498%1h0.09065long leg$77K$100K5x
Variational Omni ONG+0.0080%4h0.09100+0.378%$150K$40Kas long as short
Bybit ONGUSDT+0.0100%4h0.09081+0.172%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.09068+0.028%$1.3Mas long as short