Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.434%
Price spread now: Bybit against Bitget+0.087%7-day average +0.268% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.087%, 7d avg +0.268%
=Funding pays, the price is against you. Bybit is 0.180% cheaper against Bitget than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.268%). If the spread goes back, that is −$18 on $10k: about 4.9 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONGUSDT | 0.09159 | −0.0022 | get 0.0011% / 4h | 3h 57m | $1.4M | $1.2M | 50x |
| Short | Bybit ONGUSDT | 0.09167 | 0.0100 | get 0.0050% / 4h | 3h 57m | $2.4M | $2.9M | 20x |
Bitget ONGUSDT
Bybit ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $25.62
- Price spread: +0.087% → +0.268%
- −$18.04
- Slippage, 4 orders
- −$98.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$114.27
- Costs to cover
- 1.218%
- Break-even
- 38.2 days
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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 Bitget live order book, 4 min ago | 2.18 bp | 19.5 bp −$19 | 91.4 bp −$914 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.27 bp | 42.7 bp −$43 | 231.6 bp −$2,316 | 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 | −0.0756% | 4h | 0.09153 | −0.066% | $28K | $35K | 20x | as long as short |
| Extended ONG-USD | −0.0248% | 1h | 0.09154 | −0.059% | $172K | $20K | 5x | as long as short |
| MEXC ONG_USDT | −0.0246% | 4h | 0.09161 | +0.022% | $10.0M | $412K | 20x | as long as short |
| Binance ONGUSDT | −0.0242% | 4h | 0.09157 | −0.018% | $6.5M | $15.3M | 50x | as long as short |
| Variational Omni ONG | −0.0226% | 4h | 0.09192 | +0.365% | $134K | $42K | — | as long as short |
| Aster ONGUSDT | −0.0045% | 1h | 0.09172 | +0.137% | $74K | $66K | 5x | as long as short |
| BingX ONG-USDT | −0.0023% | 4h | 0.09163 | +0.044% | — | $1.4M | — | as long as short |
| Bitget ONGUSDTlong | −0.0022% | 4h | 0.09159 | long leg | $1.4M | $1.2M | 50x | |
| Bybit ONGUSDTshort | +0.0100% | 4h | 0.09167 | +0.087% | $2.4M | $2.9M | 20x | |
| Gate ONG_USDT | +0.0100% | 4h | 0.09174 | +0.164% | $361K | $349K | 20x | as long as short |
HTX ONG-USDT
Extended ONG-USD
MEXC ONG_USDT
Binance ONGUSDT
Variational Omni ONG
Aster ONGUSDT
BingX ONG-USDT
Gate ONG_USDT