ONG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.007%

Price spread now: Bybit against Variational Omni+0.004%7-day average −0.039% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.004%, 7d avg −0.039%

Together, before fees−0.066%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.042% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ONG	0.09100	0.0080	pay 0.0040% / 4h	2h 25m	$150K	$40K	—
Short	Bybit ONGUSDT	0.09100	0.0100	get 0.0050% / 4h	2h 25m	$2.5M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.004%Rate

Funding earned: $4.23
Price spread: +0.004% → −0.039%: $4.25
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2.52
Costs to cover: 0.110%
Break-even: 11.2 days

Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Bybit: live order book, 2 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 63 min ago	6.61 bp	doesn't fit	602.8 bp −$6,028	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.74 bp	64.6 bp −$65	329.9 bp −$3,299	doesn't fit	doesn't fit

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	−0.3205%	4h	0.09048	−0.568%	$28K	$95K	20x	as long as short
MEXC ONG_USDT	−0.1062%	4h	0.09076	−0.260%	$9.9M	$385K	20x	as long as short
Extended ONG-USD	−0.1056%	1h	0.09072	−0.305%	$172K	$18K	5x	as long as short
Binance ONGUSDT	−0.1054%	4h	0.09076	−0.259%	$6.8M	$15.6M	50x	as long as short
Bitget ONGUSDT	−0.0780%	4h	0.09085	−0.161%	$1.4M	$1.2M	50x	as long as short
Gate ONG_USDT	−0.0582%	4h	0.09090	−0.106%	$369K	$359K	20x	as long as short
Aster ONGUSDT	−0.0515%	1h	0.09081	−0.203%	$77K	$100K	5x	as long as short
Variational Omni ONGlong	+0.0080%	4h	0.09100	long leg	$150K	$40K	—
Bybit ONGUSDTshort	+0.0100%	4h	0.09100	+0.004%	$2.5M	$3.2M	20x
BingX ONG-USDT	+0.0100%	4h	0.09086	−0.150%	—	$1.3M	—	as long as short