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

ONG

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.3608%/8h= −395.1% APRnext payment $18.04 per $10,000 · paid last 24h −0.285%
Price spread now: HTX against Variational Omni−0.219%7-day average −0.949% · you buy dearer than you sell
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 3 days (all we have)−0.375%−$37 on $10k
Price spread, last 3 days (all we have)−0.474%−$47 · spread now −0.219%, 7d avg −0.949%
Together, before fees−0.849%+ Points / potential airdropVariational Omni: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.729% dearer against Variational Omni than usual: you sell high and buy low (spread −0.219% now, against its 7-day average of −0.949%): +$73 on $10k if it goes back. Holding the pair costs −$108 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.375% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.375% in total (about -41.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $18.04 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
LongVariational Omni ONG0.092300.0100pay 0.0050% / 4h18m 37s$153K$25K
ShortHTX ONG-USDT0.09210−0.3508pay 0.1754% / 4h18m 37s$29K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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
−$757.67
Price spread: −0.219% → −0.949%
$72.93
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$696.74
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 60 min ago; HTX: no order-book sample. 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 Variational Omni RFQ quote, 60 min ago6.03 bpdoesn't fit510.3 bp −$5,103doesn't fitdoesn't fit
Sell HTX no order-book sample
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-USDTshort−0.3508%4h0.09210−0.219%$29K$71K20x
Binance ONGUSDT−0.1110%4h0.09213−0.187%$6.9M$15.6M50xas long as short
Extended ONG-USD−0.1104%1h0.09210−0.224%$175K$18K5xas long as short
MEXC ONG_USDT−0.1104%4h0.09218−0.133%$10.0M$378K20xas long as short
Gate ONG_USDT−0.0794%4h0.09222−0.089%$377K$340K20xas long as short
Bitget ONGUSDT−0.0784%4h0.09221−0.100%$1.4M$1.2M50xas long as short
Aster ONGUSDT−0.0776%1h0.09241+0.114%$83K$100K5xas long as short
Bybit ONGUSDT+0.0100%4h0.09220−0.111%$2.6M$3.1M20xas long as short
BingX ONG-USDT+0.0100%4h0.09216−0.154%$1.4Mas long as short
Variational Omni ONGlong+0.0100%4h0.09230long leg$153K$25K