Ontology Gas Funding Rate (ONG)

Compare Ontology Gas perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Ontology Gas current price: $0.05935

Rate MatrixHeatmapCumulative Fees

ONG Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binancehighest+0.0050%+10.95%4h16:00 UTC$4.6M
2Bybit+0.0050%+10.95%4h16:00 UTC$1.6M
3MEXC+0.0050%$0.7M
4Bitget+0.0050%+10.95%4h$0.6M
5Gate+0.0050%+10.95%4h16:00 UTC$0.1M
6BingX+0.0035%16:00 UTC
7Bitunix+0.0050%+10.95%4h16:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0048%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0050%

ONG Funding Rate History

ONG Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0050%-1.3387%-0.9252%-7.2596%

About Ontology Gas Funding Rate

What is the ONG funding rate?

The ONG funding rate is a periodic payment between long and short traders on Ontology Gas perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged ONG perpetual position.

What does a positive or negative ONG funding rate mean?

A persistently positive ONG funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current ONG funding rate?

As of now, the ONG funding rate averages 0.0048% across 7 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest ONG funding rate?

Right now binance shows the highest (or most extreme) ONG funding rate among tracked exchanges, at 0.0050%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.