ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0809%/8h= +88.6% APRnext payment +$4.05 per $10,000 · paid last 24h +0.289%

Price spread now: Variational Omni against Bitget−0.186%7-day average +0.477% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.233%−$23 on $10k

Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.186%, 7d avg +0.477%

Together, before fees+0.175%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.664% cheaper against Bitget than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.477%). If the spread goes back, that is −$66 on $10k: about 2.7 days of funding at the current rate (+$24 a day). Mind the row above: over the last 3 days funding on this pair cost −0.233%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.233% in total (about -26.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ONGUSDT	0.09068	−0.0798	get 0.0399% / 4h	2h 28m	$1.4M	$1.2M	50x
Short	Variational Omni ONG	0.09051	0.0011	get 0.0006% / 4h	2h 28m	$148K	$45K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now −0.186%Rate

Funding earned: $169.97
Price spread: −0.186% → +0.477%: −$66.38
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $91.59
Costs to cover: 0.120%
Break-even: 3.2 days

Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 60 min ago. Net counts fees only.

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, 3 min ago	5.53 bp	21.3 bp −$21	92.9 bp −$929	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 60 min ago	6.61 bp	doesn't fit	488.2 bp −$4,882	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	−0.3190%	4h	0.09035	−0.364%	$28K	$95K	20x	as long as short
MEXC ONG_USDT	−0.1080%	4h	0.09065	−0.033%	$9.9M	$385K	20x	as long as short
Binance ONGUSDT	−0.1074%	4h	0.09071	+0.033%	$6.8M	$15.5M	50x	as long as short
Extended ONG-USD	−0.1072%	1h	0.09063	−0.054%	$171K	$18K	5x	as long as short
Bitget ONGUSDTlong	−0.0798%	4h	0.09068	long leg	$1.4M	$1.2M	50x
Gate ONG_USDT	−0.0588%	4h	0.09064	−0.044%	$369K	$359K	20x	as long as short
Aster ONGUSDT	−0.0551%	1h	0.09071	+0.037%	$77K	$100K	5x	as long as short
Variational Omni ONGshort	+0.0011%	4h	0.09051	−0.186%	$148K	$45K	—
Bybit ONGUSDT	+0.0100%	4h	0.09095	+0.298%	$2.5M	$3.2M	20x	as long as short
BingX ONG-USDT	+0.0100%	4h	0.09072	+0.044%	—	$1.3M	—	as long as short