ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.243%

Price spread now: BingX against MEXC+0.033%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs+$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.682%+$68 on $10k

Price spread, last 7 days+0.040%+$4 · spread now +0.033%, 7d avg +0.116%

Together, before fees+0.722%+$72 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.083% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.116%). If the spread goes back, that is −$8 on $10k: about 26 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ONG_USDT	0.09142	−0.0326	get 0.0163% / 4h	16m 41s	$9.9M	$420K	20x
Short	BingX ONG-USDT	0.09145	−0.0074	pay 0.0037% / 4h	16m 41s	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $52.92
Price spread: +0.033% → +0.116%: −$8.28
Slippage, 4 orders: −$35.89
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$5.25
Costs to cover: 0.499%
Break-even: 7.7 days

Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 14 min ago.

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 MEXC live order book, 1 min ago	1.09 bp	7.6 bp −$8	21.0 bp −$210	134.0 bp −$13.4K	570.1 bp −$285.1K
Sell BingX live order book, 14 min ago	2.74 bp	16.4 bp −$16	44.3 bp −$443	263.0 bp −$26.3K	488.1 bp −$244.0K

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-USDT	−0.2073%	4h	0.09118	−0.263%	$28K	$35K	20x	as long as short
Extended ONG-USD	−0.0328%	1h	0.09137	−0.055%	$171K	$20K	5x	as long as short
Binance ONGUSDT	−0.0328%	4h	0.09140	−0.022%	$6.5M	$15.5M	50x	as long as short
MEXC ONG_USDTlong	−0.0326%	4h	0.09142	long leg	$9.9M	$420K	20x
Variational Omni ONG	−0.0288%	4h	0.09136	−0.068%	$133K	$42K	—	as long as short
Gate ONG_USDT	−0.0264%	4h	0.09153	+0.120%	$360K	$360K	20x	as long as short
Bybit ONGUSDT	−0.0246%	4h	0.09149	+0.077%	$2.4M	$2.9M	20x	as long as short
Aster ONGUSDT	−0.0172%	1h	0.09157	+0.169%	$82K	$58K	5x	as long as short
Bitget ONGUSDT	−0.0094%	4h	0.09145	+0.033%	$1.4M	$1.2M	50x	as long as short
BingX ONG-USDTshort	−0.0074%	4h	0.09145	+0.033%	—	$1.4M	—