Funding you earn now, next payment 06:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h +0.503%
Price spread now: Bybit against Extended+0.092%7-day average +0.534% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now +0.092%, 7d avg +0.534%
=Together, before fees+0.599%+ Points / potential airdropExtended: Active · farm board+$60 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.442% cheaper against Extended than usual: you would sell low and buy high (spread +0.092% now, against its 7-day average of +0.534%). If the spread goes back, that is −$44 on $10k: about 21 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.447% in total) that is about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ONG-USD | 0.09069 | −0.0056 | get 0.0007% / 1h | 13m 27s | $170K | $20K | 5x |
| Short | Bybit ONGUSDT | 0.09077 | 0.0013 | get 0.0007% / 4h | 2h 13m | $2.4M | $3.0M | 20x |
Extended ONG-USD
Bybit ONGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $14.55
- Price spread: +0.092% → +0.534%
- −$44.21
- Slippage, 4 orders
- −$112.81
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$158.47
- Costs to cover
- 1.288%
- Break-even
- 83.2 days
Slippage from Extended: live order book, 32 min ago; Bybit: live order book, 4 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 Extended live order book, 32 min ago | 0.61 bp | 25.2 bp −$25 | 145.9 bp −$1,459 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.76 bp | 42.7 bp −$43 | 464.7 bp −$4,647 | 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 | −0.1272% | 4h | 0.09030 | −0.426% | $28K | $37K | 20x | as long as short |
| Extended ONG-USDlong | −0.0056% | 1h | 0.09069 | long leg | $170K | $20K | 5x | |
| Binance ONGUSDT | −0.0053% | 4h | 0.09078 | +0.106% | $6.3M | $15.8M | 50x | as long as short |
| MEXC ONG_USDT | −0.0052% | 4h | 0.09077 | +0.092% | $9.9M | $416K | 20x | as long as short |
| Bybit ONGUSDTshort | +0.0013% | 4h | 0.09077 | +0.092% | $2.4M | $3.0M | 20x | |
| Variational Omni ONG | +0.0068% | 4h | 0.09057 | −0.128% | $131K | $43K | — | as long as short |
| Aster ONGUSDT | +0.0100% | 1h | 0.09079 | +0.116% | $70K | $55K | 5x | as long as short |
| Gate ONG_USDT | +0.0100% | 4h | 0.09071 | +0.026% | $350K | $370K | 20x | as long as short |
| Bitget ONGUSDT | +0.0100% | 4h | 0.09082 | +0.147% | $1.4M | $1.3M | 50x | as long as short |
| BingX ONG-USDT | +0.0100% | 4h | 0.09073 | +0.048% | — | $1.4M | — | as long as short |
HTX ONG-USDT
Binance ONGUSDT
MEXC ONG_USDT
Variational Omni ONG
Aster ONGUSDT
Gate ONG_USDT
Bitget ONGUSDT
BingX ONG-USDT