Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.152%
Price spread now: Gate against Binance−0.064%7-day average +0.182% · 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−$148as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now −0.064%, 7d avg +0.182%
=Funding pays, the price is against you. Gate is 0.246% cheaper against Binance than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.182%). If the spread goes back, that is −$25 on $10k: about 3.9 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONGUSDT | 0.09054 | −0.0108 | get 0.0054% / 4h | 3h 01m | $6.4M | $15.5M | 50x |
| Short | Gate ONG_USDT | 0.09048 | 0.0100 | get 0.0050% / 4h | 3h 01m | $356K | $365K | 20x |
Binance ONGUSDT
Gate ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.7
- Price spread: −0.064% → +0.182%
- −$24.64
- Slippage, 4 orders
- −$98.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.66
- Costs to cover
- 1.237%
- Break-even
- 23.8 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 49 min ago.
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 Binance live order book, 10 min ago | 0.55 bp | 11.6 bp −$12 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 7.09 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
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-USDT | −0.1408% | 4h | 0.09031 | −0.252% | $28K | $36K | 20x | as long as short |
| Extended ONG-USD | −0.0112% | 1h | 0.09049 | −0.058% | $170K | $20K | 5x | as long as short |
| Binance ONGUSDTlong | −0.0108% | 4h | 0.09054 | long leg | $6.4M | $15.5M | 50x | |
| MEXC ONG_USDT | −0.0108% | 4h | 0.09051 | −0.031% | $9.9M | $419K | 20x | as long as short |
| Variational Omni ONG | +0.0036% | 4h | 0.09056 | +0.023% | $131K | $43K | — | as long as short |
| Aster ONGUSDT | +0.0086% | 1h | 0.09051 | −0.030% | $72K | $54K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09053 | −0.009% | $2.4M | $3.0M | 20x | as long as short |
| Gate ONG_USDTshort | +0.0100% | 4h | 0.09048 | −0.064% | $356K | $365K | 20x | |
| Bitget ONGUSDT | +0.0100% | 4h | 0.09056 | +0.024% | $1.4M | $1.3M | 50x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09052 | −0.020% | — | $1.4M | — | as long as short |
HTX ONG-USDT
Extended ONG-USD
MEXC ONG_USDT
Variational Omni ONG
Aster ONGUSDT
Bybit ONGUSDT
Bitget ONGUSDT
BingX ONG-USDT