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

ONG

all ONG markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 22:00 UTC−0.0526%/8h= −57.6% APRnext payment −$0.66 per $10,000 · paid last 24h −0.089%
Price spread now: Extended against Aster−0.045%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Long on AsterShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.045%, 7d avg −0.115%
Together, before fees−0.255%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.070% dearer against Aster than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.115%): +$7 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.140% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ONGUSDT0.09054−0.0514get 0.0064% / 1h21m 16s$76K$100K5x
ShortExtended ONG-USD0.09050−0.1040pay 0.0130% / 1h21m 16s$171K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$110.49
Price spread: −0.045% → −0.115%
$7.01
Slippage, 4 orders
−$66.85
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$183.33
Costs to cover
0.799%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; Extended: live order book, 65 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, 64 min ago4.98 bp16.8 bp −$17441.7 bp −$4,417doesn't fitdoesn't fit
Sell Extended live order book, 65 min ago0.61 bp17.9 bp −$18115.7 bp −$1,157doesn'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−0.3163%4h0.09041−0.144%$28K$94K20xas long as short
MEXC ONG_USDT−0.1042%4h0.090540.000%$9.8M$385K20xas long as short
Binance ONGUSDT−0.1041%4h0.09051−0.033%$6.8M$15.6M50xas long as short
Extended ONG-USDshort−0.1040%1h0.09050−0.045%$171K$18K5x
Bitget ONGUSDT−0.0754%4h0.09057+0.033%$1.4M$1.2M50xas long as short
Gate ONG_USDT−0.0632%4h0.09052−0.022%$367K$360K20xas long as short
Aster ONGUSDTlong−0.0514%1h0.09054long leg$76K$100K5x
Variational Omni ONG+0.0080%4h0.09100+0.504%$150K$40K—as long as short
Bybit ONGUSDT+0.0100%4h0.09063+0.099%$2.5M$3.2M20xas long as short
BingX ONG-USDT+0.0100%4h0.09057+0.033%—$1.3M—as long as short