Funding you earn now, next payment 22:00 UTC−0.0628%/8h= −68.8% APRpaid last 24h −0.312%
Price spread now: Aster against Bybit−0.073%7-day average −0.466% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$2052.047% of the position
Funding, last 7 days−0.225%−$23 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.073%, 7d avg −0.466%
=Together, before fees−0.250%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.393% dearer against Bybit than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.466%): +$39 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.225% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.225% in total (about -11.7% a year). A funding rate is set anew for every payment. 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 | Bybit ONGUSDT | 0.09064 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $2.5M | $3.2M | 20x |
| Short | Aster ONGUSDT | 0.09057 | −0.0528 | pay 0.0066% / 1h | 20m 21s | $76K | $100K | 5x |
Bybit ONGUSDT
Aster ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- −$131.86
- Price spread: −0.073% → −0.466%
- $39.35
- Slippage, 4 orders
- −$185.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$297.23
- Costs to cover
- 2.047%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, just now.
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 Bybit live order book, 2 min ago | 1.65 bp | 97.9 bp −$98 | 524.7 bp −$5,247 | doesn't fit | doesn't fit |
| Sell Aster live order book, just now | 3.87 bp | 27.7 bp −$28 | 487.6 bp −$4,876 | 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 | −0.3116% | 4h | 0.09027 | −0.408% | $28K | $94K | 20x | as long as short |
| MEXC ONG_USDT | −0.1040% | 4h | 0.09058 | −0.066% | $9.9M | $385K | 20x | as long as short |
| Binance ONGUSDT | −0.1032% | 4h | 0.09053 | −0.124% | $6.8M | $15.6M | 50x | as long as short |
| Extended ONG-USD | −0.1032% | 1h | 0.09049 | −0.162% | $171K | $18K | 5x | as long as short |
| Bitget ONGUSDT | −0.0746% | 4h | 0.09057 | −0.077% | $1.4M | $1.2M | 50x | as long as short |
| Gate ONG_USDT | −0.0630% | 4h | 0.09055 | −0.099% | $367K | $360K | 20x | as long as short |
| Aster ONGUSDTshort | −0.0528% | 1h | 0.09057 | −0.073% | $76K | $100K | 5x | |
| Bybit ONGUSDTlong | +0.0100% | 4h | 0.09064 | long leg | $2.5M | $3.2M | 20x | |
| BingX ONG-USDT | +0.0100% | 4h | 0.09057 | −0.077% | — | $1.3M | — | as long as short |
| Variational Omni ONG | +0.0100% | 4h | 0.09067 | +0.033% | $149K | $40K | — | as long as short |
HTX ONG-USDT
MEXC ONG_USDT
Binance ONGUSDT
Extended ONG-USD
Bitget ONGUSDT
Gate ONG_USDT
BingX ONG-USDT
Variational Omni ONG