ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.2729%/8h= −298.8% APRnext payment −$13.64 per $10,000 · paid last 24h −0.016%

Price spread now: HTX against Gate−0.412%7-day average −0.534% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.472%−$47 on $10k

Price spread, last 3 days (all we have)−0.403%−$40 · spread now −0.412%, 7d avg −0.534%

Together, before fees−0.875%−$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.122% dearer against Gate than usual: you sell high and buy low (spread −0.412% now, against its 7-day average of −0.534%): +$12 on $10k if it goes back. Holding the pair costs −$82 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.472% in total) that is about 43 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.472% in total (about -24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.64 per $10,000. 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	Gate ONG_USDT	0.09217	−0.0782	get 0.0391% / 4h	19m 35s	$377K	$340K	20x
Short	HTX ONG-USDT	0.09179	−0.3511	pay 0.1755% / 4h	19m 35s	$29K	$71K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now −0.412%Rate

Funding earned: −$573.06
Price spread: −0.412% → −0.534%: $12.22
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$587.85
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 56 min ago; HTX: no order-book sample. Net counts fees only.

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 Gate live order book, 56 min ago	9.30 bp	49.3 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDTshort	−0.3511%	4h	0.09179	−0.412%	$29K	$71K	20x
Binance ONGUSDT	−0.1106%	4h	0.09224	+0.076%	$6.9M	$15.6M	50x	as long as short
Extended ONG-USD	−0.1104%	1h	0.09219	+0.026%	$175K	$18K	5x	as long as short
MEXC ONG_USDT	−0.1100%	4h	0.09222	+0.054%	$10.0M	$378K	20x	as long as short
Bitget ONGUSDT	−0.0784%	4h	0.09229	+0.130%	$1.4M	$1.2M	50x	as long as short
Gate ONG_USDTlong	−0.0782%	4h	0.09217	long leg	$377K	$340K	20x
Aster ONGUSDT	−0.0780%	1h	0.09244	+0.289%	$83K	$100K	5x	as long as short
Bybit ONGUSDT	+0.0100%	4h	0.09236	+0.206%	$2.6M	$3.1M	20x	as long as short
BingX ONG-USDT	+0.0100%	4h	0.09227	+0.108%	—	$1.4M	—	as long as short
Variational Omni ONG	+0.0100%	4h	0.09230	+0.144%	$153K	$25K	—	as long as short