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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.198%
Price spread now: Bitget against Extended+0.065%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$910.915% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.421%+$42 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.065%, 7d avg +0.147%
Together, before fees+0.502%+ Points / potential airdropExtended: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.082% cheaper against Extended than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.147%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ONG-USD0.09050−0.0112get 0.0014% / 1h2m 34s$170K$20K5x
ShortBitget ONGUSDT0.090560.0100get 0.0050% / 4h3h 02m$1.4M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
$44.52
Price spread: +0.065% → +0.147%
−$8.22
Slippage, 4 orders
−$74.48
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$55.17
Costs to cover
0.915%
Break-even
15.7 days
Slippage from Extended: live order book, 49 min ago; Bitget: live order book, 4 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 Extended live order book, 49 min ago0.60 bp23.3 bp −$23134.6 bp −$1,346doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.76 bp19.7 bp −$2096.8 bp −$968doesn'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−0.1451%4h0.09049−0.013%$28K$36K20xas long as short
Extended ONG-USDlong−0.0112%1h0.09050long leg$170K$20K5x
MEXC ONG_USDT−0.0112%4h0.09058+0.087%$9.9M$419K20xas long as short
Binance ONGUSDT−0.0108%4h0.09053+0.032%$6.4M$15.5M50xas long as short
Variational Omni ONG+0.0004%4h0.09066+0.174%$132K$42Kas long as short
Aster ONGUSDT+0.0086%1h0.09056+0.068%$72K$54K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09056+0.065%$2.4M$3.0M20xas long as short
Gate ONG_USDT+0.0100%4h0.09058+0.087%$357K$362K20xas long as short
Bitget ONGUSDTshort+0.0100%4h0.09056+0.065%$1.4M$1.3M50x
BingX ONG-USDT+0.0100%4h0.09053+0.031%$1.4Mas long as short