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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.069%
Price spread now: Bitget against Gate−0.055%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.117%−$12 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.055%, 7d avg −0.057%
Together, before fees−0.195%−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONG_USDT0.090760.0100pay 0.0050% / 4h2h 19m$350K$370K20x
ShortBitget ONGUSDT0.090710.0100get 0.0050% / 4h2h 19m$1.4M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$0
Price spread: −0.055% → −0.057%
$0.21
Slippage, 4 orders
−$132.2
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$158.99
Costs to cover
1.592%
Break-even
never at this rate
Slippage from Gate: live order book, 26 min ago; Bitget: live order book, 2 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 Gate live order book, 26 min ago7.20 bp42.6 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.31 bp21.5 bp −$2282.9 bp −$829doesn'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−0.1279%4h0.09031−0.496%$28K$37K20xas long as short
MEXC ONG_USDT−0.0050%4h0.09067−0.099%$9.9M$416K20xas long as short
Extended ONG-USD−0.0048%1h0.09064−0.133%$170K$20K5xas long as short
Binance ONGUSDT−0.0047%4h0.09067−0.100%$6.3M$15.8M50xas long as short
Variational Omni ONG+0.0069%4h0.09061−0.166%$131K$43Kas long as short
Bybit ONGUSDT+0.0086%4h0.09073−0.033%$2.4M$3.0M20xas long as short
Aster ONGUSDT+0.0100%1h0.09078+0.020%$70K$55K5xas long as short
Gate ONG_USDTlong+0.0100%4h0.09076long leg$350K$370K20x
Bitget ONGUSDTshort+0.0100%4h0.09071−0.055%$1.4M$1.3M50x
BingX ONG-USDT+0.0100%4h0.09067−0.099%$1.4Mas long as short