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+0.1558%/8h= +170.6% APRnext payment +$7.79 per $10,000 · paid last 24h +0.051%
Price spread now: MEXC against HTX+0.422%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+0.315%+$32 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 +$47 a day on $10k at the current rate, and MEXC is 0.422% dearer against HTX than usual: you sell high and buy low: +$42 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 0.315% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.79 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-USDT0.09241−0.2122get 0.1061% / 4h1h 07m$28K$33K20x
ShortMEXC ONG_USDT0.09280−0.0564pay 0.0282% / 4h1h 07m$10.1M$396K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$327.22
Price spread: +0.422% → 0.000%
$42.2
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$353.42
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago0.54 bp9.7 bp −$1032.2 bp −$322177.3 bp −$17.7Kdoesn'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−0.2122%4h0.09241long leg$28K$33K20x
Extended ONG-USD−0.0568%1h0.09274+0.352%$176K$18K5xas long as short
Binance ONGUSDT−0.0565%4h0.09268+0.294%$6.7M$15.2M50xas long as short
MEXC ONG_USDTshort−0.0564%4h0.09280+0.422%$10.1M$396K20x
Gate ONG_USDT−0.0502%4h0.09293+0.563%$373K$365K20xas long as short
Bybit ONGUSDT−0.0433%4h0.09284+0.465%$2.5M$2.8M20xas long as short
Variational Omni ONG−0.0420%4h0.09338+1.046%$155K$24Kas long as short
Bitget ONGUSDT−0.0348%4h0.09282+0.444%$1.5M$1.2M50xas long as short
BingX ONG-USDT−0.0254%4h0.09276+0.379%$1.4Mas long as short
Aster ONGUSDT−0.0178%1h0.09287+0.499%$83K$64K5xas long as short