ONG Funding Rate — live across 9 venues
Compared across 9 supported venues · net of estimated fees · updated every few minutes
Live annualized ONG perpetual funding across all 9 venues Perpia tracks. Right now ONG funding is positive on 0 and negative on 9, ranging from -103.0% on Bybit to -590.7% on Binance — a spread of 487.8%. The widest delta-neutral trade is long Binance / short Bybit at 485.3% net APR.
ONG funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
ONG funding rate by venue
33 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Bybit↗ | -103.0% | 1h |
| Variational↗ | -144.9% | 1h |
| Bitget↗ | -503.7% | 1h |
| BingX↗ | -558.9% | 1h |
| Gate.io↗ | -576.4% | 1h |
| Aster↗ | -583.9% | 1h |
| MEXC↗ | -588.7% | 1h |
| Extended↗ | -589.5% | 1h |
| Binance↗ | -590.7% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Binance vs Bybit page.
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ONG funding — FAQ
Is ONG funding positive right now?
ONG perpetual funding is positive on 0 of 9 venues Perpia tracks and negative on 9. The highest is -103.0% on Bybit; the lowest is -590.7% on Binance.
What is the best ONG funding arbitrage right now?
Go long Binance and short Bybit for about 485.3% net APR after fees — the widest delta-neutral ONG spread Perpia currently sees.
Which exchange has the highest ONG funding rate?
Bybit, at -103.0% annualized. Funding shifts continuously, so check the live table above before trading.
How ONG funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to ONG
Markets also quoted on both Binance and Bybit — the same two exchanges you would already have funded for the ONG trade.
See every spread between them on the Binance vs Bybit page.