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

ONG

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.032%
Price spread now: Extended against MEXC−0.224%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$500.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.184%−$18 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.224%, 7d avg −0.033%
Together, before fees−0.143%+ Points / potential airdropExtended: Active · farm board−$14 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: Extended is 0.191% cheaper against MEXC than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONG_USDT0.091760.0068pay 0.0034% / 4h1h 51m$10.0M$350K20x
ShortExtended ONG-USD0.091550.0072get 0.0009% / 1h51m 06s$172K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.224% → −0.033%
−$19.07
Slippage, 4 orders
−$41.13
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$68.36
Costs to cover
0.501%
Break-even
576.7 days
Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 57 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, 5 min ago0.55 bp5.6 bp −$628.0 bp −$280178.1 bp −$17.8Kdoesn't fit
Sell Extended live order book, 57 min ago0.61 bp17.6 bp −$18129.1 bp −$1,291doesn't fitdoesn't fit

ONG on 10 exchanges

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−0.1507%4h0.09135−0.447%$28K$39K20xas long as short
MEXC ONG_USDTlong+0.0068%4h0.09176long leg$10.0M$350K20x
Binance ONGUSDT+0.0070%4h0.09168−0.087%$6.3M$14.9M50xas long as short
Extended ONG-USDshort+0.0072%1h0.09155−0.224%$172K$18K5x
Aster ONGUSDT+0.0100%1h0.09166−0.106%$69K$52K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09182+0.065%$2.3M$2.9M20xas long as short
Gate ONG_USDT+0.0100%4h0.09159−0.185%$357K$342K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09183+0.076%$1.4M$1.2M50xas long as short
BingX ONG-USDT+0.0100%4h0.09180+0.044%$1.5Mas long as short
Variational Omni ONG+0.0100%4h0.09166−0.107%$131K$35Kas long as short