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

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.2196%/8h= +240.5% APRnext payment +$10.98 per $10,000 · paid last 24h +0.195%
Price spread now: Gate against HTX+0.285%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.636%+$64 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$66 a day on $10k at the current rate, and Gate is 0.285% dearer against HTX than usual: you sell high and buy low: +$28 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 0.636% in total (about 33.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.98 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-USDT0.09123−0.3044get 0.1522% / 4h3h 10m$28K$54K20x
ShortGate ONG_USDT0.09149−0.0848pay 0.0424% / 4h3h 10m$376K$343K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$461.16
Price spread: +0.285% → 0.000%
$28.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$462.66
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; Gate: live order book, 60 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 Gate live order book, 60 min ago9.82 bp55.6 bp −$56doesn't fitdoesn'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−0.3044%4h0.09123long leg$28K$54K20x
MEXC ONG_USDT−0.1082%4h0.09156+0.362%$10.0M$397K20xas long as short
Extended ONG-USD−0.1072%1h0.09158+0.379%$173K$18K5xas long as short
Binance ONGUSDT−0.1071%4h0.09157+0.368%$6.8M$14.9M50xas long as short
Aster ONGUSDT−0.0867%1h0.09145+0.247%$82K$82K5xas long as short
Gate ONG_USDTshort−0.0848%4h0.09149+0.285%$376K$343K20x
Bitget ONGUSDT−0.0662%4h0.09158+0.384%$1.4M$1.1M50xas long as short
Variational Omni ONG+0.0005%4h0.09140+0.192%$151K$25Kas long as short
Bybit ONGUSDT+0.0100%4h0.09171+0.526%$2.6M$2.9M20xas long as short
BingX ONG-USDT+0.0100%4h0.09161+0.417%$1.4Mas long as short