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

ONG

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.1657%/8h= +181.5% APRnext payment +$8.29 per $10,000 · paid last 24h +0.709%
Price spread now: Bybit against HTX+0.411%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on HTXShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days+0.716%+$72 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Bybit is 0.411% dearer against HTX than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.716% in total (about 37.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ONG-USDT0.08999−0.1557get 0.0779% / 4h40m 32s$28K$40K20x
ShortBybit ONGUSDT0.090360.0100get 0.0050% / 4h40m 32s$2.3M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$348.07
Price spread: +0.411% → 0.000%
$41.12
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$366.19
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample—————
Sell Bybit live order book, 2 min ago2.76 bp36.7 bp −$37371.7 bp −$3,717doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ONG-USDTlong−0.1557%4h0.08999long leg$28K$40K20x
Extended ONG-USD+0.0040%1h0.09024+0.278%$169K$18K5xas long as short
MEXC ONG_USDT+0.0042%4h0.09027+0.311%$9.8M$424K20xas long as short
Binance ONGUSDT+0.0044%4h0.09025+0.291%$6.2M$15.8M50xas long as short
Aster ONGUSDT+0.0100%1h0.09036+0.414%$69K$53K5xas long as short
Bybit ONGUSDTshort+0.0100%4h0.09036+0.411%$2.3M$3.0M20x
Gate ONG_USDT+0.0100%4h0.09049+0.556%$352K$356K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09031+0.356%$1.3M$1.2M50xas long as short
BingX ONG-USDT+0.0100%4h0.09033+0.378%—$1.4M—as long as short
Variational Omni ONG+0.0100%4h0.09030+0.342%$131K$39K—as long as short