Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Binance+0.016%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.016%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONGUSDT | 0.09021 | 0.0074 | pay 0.0037% / 4h | 1h 01m | $6.2M | $15.8M | 50x |
| Short | MEXC ONG_USDT | 0.09022 | 0.0072 | get 0.0036% / 4h | 1h 01m | $9.8M | $418K | 20x |
Binance ONGUSDT
MEXC ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.39
- Price spread: +0.016% → +0.004%
- $1.24
- Slippage, 4 orders
- −$28.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.41
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago | 1.11 bp | 14.8 bp −$15 | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.11 bp | 7.2 bp −$7 | 24.5 bp −$245 | 188.7 bp −$18.9K | 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 | −0.1418% | 4h | 0.08976 | −0.494% | $28K | $39K | 20x | as long as short |
| Extended ONG-USD | +0.0072% | 1h | 0.09017 | −0.035% | $169K | $20K | 5x | as long as short |
| MEXC ONG_USDTshort | +0.0072% | 4h | 0.09022 | +0.016% | $9.8M | $418K | 20x | |
| Binance ONGUSDTlong | +0.0074% | 4h | 0.09021 | long leg | $6.2M | $15.8M | 50x | |
| Aster ONGUSDT | +0.0100% | 1h | 0.09037 | +0.177% | $69K | $54K | 5x | as long as short |
| Bybit ONGUSDT | +0.0100% | 4h | 0.09028 | +0.083% | $2.3M | $3.0M | 20x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09032 | +0.127% | $349K | $370K | 20x | as long as short |
| Bitget ONGUSDT | +0.0100% | 4h | 0.09025 | +0.050% | $1.3M | $1.2M | 50x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09027 | +0.072% | — | $1.5M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09047 | +0.293% | $131K | $40K | — | as long as short |
HTX ONG-USDT
Extended ONG-USD
Aster ONGUSDT
Bybit ONGUSDT
Gate ONG_USDT
Bitget ONGUSDT
BingX ONG-USDT
Variational Omni ONG