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−0.1968%/8h= −215.5% APRnext payment $9.84 per $10,000 · paid last 24h −0.056%
Price spread now: HTX against Binance−0.064%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−0.336%−$34 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and HTX is 0.064% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.84 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
LongBinance ONGUSDT0.09163−0.1048get 0.0524% / 4h3h 04m$6.8M$14.9M50x
ShortHTX ONG-USDT0.09157−0.3017pay 0.1508% / 4h3h 04m$28K$53K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$413.38
Price spread: −0.064% → 0.000%
−$6.35
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$441.73
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; HTX: no order-book sample. 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 Binance live order book, 6 min ago0.55 bp12.8 bp −$1335.5 bp −$355doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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-USDTshort−0.3017%4h0.09157−0.064%$28K$53K20x
Binance ONGUSDTlong−0.1048%4h0.09163long leg$6.8M$14.9M50x
Extended ONG-USD−0.1048%1h0.09169+0.068%$174K$18K5xas long as short
MEXC ONG_USDT−0.1048%4h0.09166+0.035%$10.0M$398K20xas long as short
Gate ONG_USDT−0.0848%4h0.09166+0.035%$377K$343K20xas long as short
Aster ONGUSDT−0.0772%1h0.09177+0.158%$82K$82K5xas long as short
Bitget ONGUSDT−0.0628%4h0.09174+0.122%$1.4M$1.1M50xas long as short
Variational Omni ONG+0.0010%4h0.09176+0.147%$152K$25Kas long as short
Bybit ONGUSDT+0.0100%4h0.09170+0.078%$2.6M$2.8M20xas long as short
BingX ONG-USDT+0.0100%4h0.09175+0.133%$1.4Mas long as short