Settings8H · net · $10k
Funding arb · Price arb /

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.011%
Price spread now: Extended against Bitget−0.078%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.390%−$39 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.078%, 7d avg −0.145%
Together, before fees−0.406%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.067% dearer against Bitget than usual: you sell high and buy low (spread −0.078% now, against its 7-day average of −0.145%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.390% in total) that is about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONGUSDT0.090330.0100pay 0.0050% / 4h40m 40s$1.4M$1.2M50x
ShortExtended ONG-USD0.090260.0040get 0.0005% / 1h40m 40s$169K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
−$12.6
Price spread: −0.078% → −0.145%
$6.66
Slippage, 4 orders
−$86.4
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.35
Costs to cover
1.034%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.87 bp28.1 bp −$2888.5 bp −$885doesn't fitdoesn't fit
Sell Extended live order book, 60 min ago0.61 bp24.2 bp −$24141.6 bp −$1,416doesn't fitdoesn't fit

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-USDT−0.1557%4h0.08999−0.376%$28K$40K20xas long as short
Extended ONG-USDshort+0.0040%1h0.09026−0.078%$169K$18K5x
MEXC ONG_USDT+0.0042%4h0.09027−0.066%$9.8M$424K20xas long as short
Binance ONGUSDT+0.0044%4h0.09027−0.064%$6.2M$15.8M50xas long as short
Aster ONGUSDT+0.0100%1h0.09037+0.041%$69K$53K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09036+0.033%$2.3M$3.0M20xas long as short
Gate ONG_USDT+0.0100%4h0.09049+0.177%$352K$356K20xas long as short
Bitget ONGUSDTlong+0.0100%4h0.09033long leg$1.4M$1.2M50x
BingX ONG-USDT+0.0100%4h0.090330.000%$1.4Mas long as short
Variational Omni ONG+0.0100%4h0.09030−0.036%$131K$39Kas long as short