ONG perpetual funding rates compared across 3 venues

Across 3 venues, funding on ONG perpetuals spans 1.1418pp per 8-hour interval — 3.4253pp over a full day.

On a $10,000 long that is about $342.53 a day more on BYBIT than on MEXC, before any fee to move it.

Funding is negative everywhere, so shorts are paying longs on every venue listed.

VenuePer 8hPer daySettles
MEXC-1.1624pp-3.487pp1h
Bitget-0.1422pp-0.427pp8h
Bybit-0.0206pp-0.062pp8h

Not quoting this contract: okx.

Rates are normalised to an 8-hour interval so venues that settle on different schedules can be compared directly. Figures are read from each exchange's public API at build time and move continuously.

Run your own position size through the funding calculator.

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