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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.189%
Price spread now: Bitget against Aster−0.202%7-day average · 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 7 days+0.241%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.202% cheaper against Aster than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.241%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09131−0.0168get 0.0021% / 1h50m 19s$82K$64K5x
ShortBitget ONGUSDT0.09113−0.0246pay 0.0123% / 4h50m 19s$1.4M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$16.4
Price spread: −0.202% → 0.000%
−$20.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$56.57
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 1 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 Aster no order-book sample
Sell Bitget live order book, 1 min ago2.74 bp35.0 bp −$35143.0 bp −$1,430doesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ONG-USDT−0.2007%4h0.09092−0.432%$28K$34K20xas long as short
Extended ONG-USD−0.0464%1h0.09108−0.254%$173K$18K5xas long as short
Binance ONGUSDT−0.0461%4h0.09105−0.290%$6.5M$15.4M50xas long as short
MEXC ONG_USDT−0.0460%4h0.09104−0.300%$9.9M$392K20xas long as short
Gate ONG_USDT−0.0436%4h0.09124−0.081%$360K$356K20xas long as short
Variational Omni ONG−0.0361%4h0.09125−0.066%$134K$41Kas long as short
Bybit ONGUSDT−0.0265%4h0.09121−0.114%$2.5M$2.9M20xas long as short
Bitget ONGUSDTshort−0.0246%4h0.09113−0.202%$1.4M$1.2M50x
BingX ONG-USDT−0.0190%4h0.09123−0.092%$1.4Mas long as short
Aster ONGUSDTlong−0.0168%1h0.09131long leg$82K$64K5x