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 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against MEXC+0.094%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Long on MEXCShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 7 days−0.105%−$10 · spread now +0.094%, 7d avg −0.005%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.099% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONG_USDT0.09142−0.1158get 0.0579% / 4h3h 28m$10.0M$394K20x
ShortBinance ONGUSDT0.09151−0.1159pay 0.0579% / 4h3h 28m$6.7M$14.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
−$0.12
Price spread: +0.094% → −0.005%
$9.93
Slippage, 4 orders
−$35.4
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.59
Costs to cover
0.494%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 12 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 MEXC live order book, 4 min ago2.20 bp8.8 bp −$925.2 bp −$252185.4 bp −$18.5K602.8 bp −$301.4K
Sell Binance live order book, 12 min ago1.10 bp16.1 bp −$1651.0 bp −$510doesn'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−0.3792%4h0.09088−0.591%$28K$58K20xas long as short
Gate ONG_USDT−0.1230%4h0.091420.000%$375K$340K20xas long as short
Extended ONG-USD−0.1160%1h0.09138−0.047%$173K$18K5xas long as short
Binance ONGUSDTshort−0.1159%4h0.09151+0.094%$6.7M$14.9M50x
MEXC ONG_USDTlong−0.1158%4h0.09142long leg$10.0M$394K20x
Aster ONGUSDT−0.1049%1h0.09148+0.063%$82K$82K5xas long as short
Bitget ONGUSDT−0.0782%4h0.09152+0.109%$1.4M$1.1M50xas long as short
Bybit ONGUSDT−0.0471%4h0.09167+0.273%$2.6M$2.9M20xas long as short
BingX ONG-USDT−0.0168%4h0.09158+0.175%—$1.4M—as long as short
Variational Omni ONG−0.0032%4h0.09129−0.141%$151K$25K—as long as short