Funding you earn now, next payment 04:00 UTC−0.0358%/8h= −39.2% APRnext payment −$1.79 per $10,000 · paid last 24h −0.237%
Price spread now: Binance against BingX−0.086%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$640.640% of the position
Funding, last 7 days−0.659%−$66 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.086%, 7d avg −0.121%
=The price spread pays, funding is against you. Binance is 0.036% dearer against BingX than usual: you sell high and buy low (spread −0.086% now, against its 7-day average of −0.121%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONG-USDT | 0.09318 | −0.0354 | get 0.0177% / 4h | 1h 31m | — | $1.4M | — |
| Short | Binance ONGUSDT | 0.09310 | −0.0712 | pay 0.0356% / 4h | 1h 31m | $6.7M | $14.9M | 50x |
BingX ONG-USDT
Binance ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$75.13
- Price spread: −0.086% → −0.121%
- $3.56
- Slippage, 4 orders
- −$43.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$135.54
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 9 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 BingX live order book, 15 min ago | 4.36 bp | 16.4 bp −$16 | 35.0 bp −$350 | 247.5 bp −$24.7K | 425.8 bp −$212.9K |
| Sell Binance live order book, 9 min ago | 0.54 bp | 12.0 bp −$12 | 33.4 bp −$334 | 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 | −0.2139% | 4h | 0.09264 | −0.580% | $28K | $34K | 20x | as long as short |
| Gate ONG_USDT | −0.0724% | 4h | 0.09307 | −0.118% | $373K | $348K | 20x | as long as short |
| Extended ONG-USD | −0.0720% | 1h | 0.09305 | −0.136% | $176K | $18K | 5x | as long as short |
| MEXC ONG_USDT | −0.0716% | 4h | 0.09308 | −0.107% | $10.1M | $372K | 20x | as long as short |
| Binance ONGUSDTshort | −0.0712% | 4h | 0.09310 | −0.086% | $6.7M | $14.9M | 50x | |
| Bybit ONGUSDT | −0.0647% | 4h | 0.09322 | +0.043% | $2.6M | $2.8M | 20x | as long as short |
| Variational Omni ONG | −0.0535% | 4h | 0.09225 | −0.996% | $152K | $24K | — | as long as short |
| Bitget ONGUSDT | −0.0492% | 4h | 0.09309 | −0.097% | $1.4M | $1.1M | 50x | as long as short |
| BingX ONG-USDTlong | −0.0354% | 4h | 0.09318 | long leg | — | $1.4M | — | |
| Aster ONGUSDT | −0.0296% | 1h | 0.09311 | −0.075% | $83K | $73K | 5x | as long as short |
HTX ONG-USDT
Gate ONG_USDT
Extended ONG-USD
MEXC ONG_USDT
Bybit ONGUSDT
Variational Omni ONG
Bitget ONGUSDT
Aster ONGUSDT