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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1981%/8h= −216.9% APRnext payment $9.91 per $10,000 · paid last 24h −0.162%
Price spread now: HTX against Bitget−0.274%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.542%−$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and HTX is 0.274% cheaper against Bitget than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.542% in total (about -28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONGUSDT0.09132−0.0102get 0.0051% / 4h18m 24s$1.4M$1.2M50x
ShortHTX ONG-USDT0.09107−0.2083pay 0.1042% / 4h18m 24s$28K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$416.02
Price spread: −0.274% → 0.000%
−$27.38
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$467.4
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; HTX: no order-book sample. Net counts fees only.

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, 3 min ago2.73 bp21.4 bp −$2190.2 bp −$902doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort−0.2083%4h0.09107−0.274%$28K$35K20x
Extended ONG-USD−0.0336%1h0.09124−0.083%$171K$20K5xas long as short
MEXC ONG_USDT−0.0336%4h0.09128−0.044%$9.9M$420K20xas long as short
Binance ONGUSDT−0.0331%4h0.09127−0.055%$6.5M$15.5M50xas long as short
Variational Omni ONG−0.0288%4h0.09136+0.042%$133K$42Kas long as short
Gate ONG_USDT−0.0272%4h0.09138+0.066%$360K$360K20xas long as short
Bybit ONGUSDT−0.0239%4h0.09135+0.033%$2.4M$2.9M20xas long as short
Aster ONGUSDT−0.0195%1h0.09136+0.049%$82K$58K5xas long as short
Bitget ONGUSDTlong−0.0102%4h0.09132long leg$1.4M$1.2M50x
BingX ONG-USDT−0.0096%4h0.09135+0.033%$1.4Mas long as short