Funding you earn now, next payment 01:00 UTC−0.0705%/8h= −77.2% APRpaid last 24h −0.859%
Price spread now: Extended against Bybit−0.209%7-day average −0.559% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.209%, 7d avg −0.559%
=Together, before fees−0.411%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.350% dearer against Bybit than usual: you sell high and buy low (spread −0.209% now, against its 7-day average of −0.559%): +$35 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.404% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.404% in total (about -21.1% 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 | 0.09122 | −0.0447 | get 0.0224% / 4h | 3h 32m | $2.5M | $3.0M | 20x |
| Short | Extended ONG-USD | 0.09103 | −0.1152 | pay 0.0144% / 1h | 32m 40s | $172K | $18K | 5x |
Bybit ONGUSDT
Extended ONG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$148.01
- Price spread: −0.209% → −0.559%
- $35.04
- Slippage, 4 orders
- −$92.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$221.06
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 38 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 Bybit live order book, 5 min ago | 1.64 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 38 min ago | 0.60 bp | 20.5 bp −$20 | 133.7 bp −$1,337 | 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 | −0.3685% | 4h | 0.09049 | −0.800% | $28K | $59K | 20x | as long as short |
| Gate ONG_USDT | −0.1178% | 4h | 0.09109 | −0.143% | $373K | $339K | 20x | as long as short |
| Binance ONGUSDT | −0.1156% | 4h | 0.09106 | −0.175% | $6.7M | $15.0M | 50x | as long as short |
| MEXC ONG_USDT | −0.1154% | 4h | 0.09101 | −0.230% | $9.9M | $393K | 20x | as long as short |
| Extended ONG-USDshort | −0.1152% | 1h | 0.09103 | −0.209% | $172K | $18K | 5x | |
| Aster ONGUSDT | −0.1032% | 1h | 0.09109 | −0.140% | $82K | $82K | 5x | as long as short |
| Bitget ONGUSDT | −0.0774% | 4h | 0.09107 | −0.164% | $1.4M | $1.1M | 50x | as long as short |
| Bybit ONGUSDTlong | −0.0447% | 4h | 0.09122 | long leg | $2.5M | $3.0M | 20x | |
| BingX ONG-USDT | −0.0332% | 4h | 0.09114 | −0.088% | — | $1.4M | — | as long as short |
| Variational Omni ONG | −0.0013% | 4h | 0.09122 | −0.005% | $151K | $25K | — | as long as short |
HTX ONG-USDT
Gate ONG_USDT
Binance ONGUSDT
MEXC ONG_USDT
Aster ONGUSDT
Bitget ONGUSDT
BingX ONG-USDT
Variational Omni ONG