Funding you earn now, next payment 12:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.244%
Price spread now: MEXC against BingX−0.022%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$470.465% of the position
Funding, last 7 days−0.733%−$73 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now −0.022%, 7d avg −0.114%
=The price spread pays, funding is against you. MEXC is 0.092% dearer against BingX than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.114%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONG-USDT | 0.09113 | 0.0100 | pay 0.0050% / 4h | 3h 25m | — | $1.5M | — |
| Short | MEXC ONG_USDT | 0.09111 | −0.0214 | pay 0.0107% / 4h | 3h 25m | $9.9M | $415K | 20x |
BingX ONG-USDT
MEXC ONG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$65.94
- Price spread: −0.022% → −0.114%
- $9.18
- Slippage, 4 orders
- −$32.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$103.27
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 7 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, 5 min ago | 3.84 bp | 13.6 bp −$14 | 30.9 bp −$309 | 274.2 bp −$27.4K | 498.9 bp −$249.4K |
| Sell MEXC live order book, 7 min ago | 1.10 bp | 6.7 bp −$7 | 41.1 bp −$411 | 176.4 bp −$17.6K | 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 | −0.2496% | 4h | 0.09100 | −0.143% | $28K | $38K | 20x | as long as short |
| Bybit ONGUSDT | −0.1031% | 4h | 0.09117 | +0.044% | $2.3M | $2.9M | 20x | as long as short |
| Gate ONG_USDT | −0.0412% | 4h | 0.09119 | +0.066% | $355K | $354K | 20x | as long as short |
| Extended ONG-USD | −0.0216% | 1h | 0.09111 | −0.018% | $171K | $18K | 5x | as long as short |
| Binance ONGUSDT | −0.0215% | 4h | 0.09115 | +0.022% | $6.2M | $15.4M | 50x | as long as short |
| MEXC ONG_USDTshort | −0.0214% | 4h | 0.09111 | −0.022% | $9.9M | $415K | 20x | |
| Variational Omni ONG | −0.0189% | 4h | 0.09108 | −0.055% | $132K | $34K | — | as long as short |
| Aster ONGUSDT | −0.0028% | 1h | 0.09120 | +0.076% | $69K | $53K | 5x | as long as short |
| Bitget ONGUSDT | +0.0100% | 4h | 0.09110 | −0.033% | $1.4M | $1.1M | 50x | as long as short |
| BingX ONG-USDTlong | +0.0100% | 4h | 0.09113 | long leg | — | $1.5M | — |
HTX ONG-USDT
Bybit ONGUSDT
Gate ONG_USDT
Extended ONG-USD
Binance ONGUSDT
Variational Omni ONG
Aster ONGUSDT
Bitget ONGUSDT