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

0G

all 0G markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.050%
Price spread now: Backpack against ApeX Omni−0.561%84s7-day average · 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 7 days+0.209%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Backpack is 0.561% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.561% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$56 on $10k: about 38 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.209% in total) that is about 19 days. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 0GUSDT0.23330.0100pay 0.0013% / 1h41m 45s$18K$622K50x
ShortBackpack 0G_USDC_PERP0.23200.0149get 0.0019% / 1h41m 45s$31K$57K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against ApeX 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
$10.34
Price spread: −0.561% → 0.000%
−$56.15
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$65.81
Costs to cover
0.200%
Break-even
51.5 days
Slippage unknown: ApeX Omni: live order book, 6 min ago; Backpack: 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 ApeX Omni live order book, 6 min ago10.69 bp31.2 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: 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.

0G on 16 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
BingX 0G-USDT−0.0640%4h0.2318−0.647%$6.5Mas long as short
GMX 0G/USD [WBTC.b-USDC]L −0.0235% / S +0.0198%1h0.2318−0.629%$2K100xas long as short
Aster 0GUSDT+0.0100%4h0.2321−0.514%$16K$42K5xas long as short
Binance 0GUSDT+0.0100%4h0.2320−0.561%$6.9M$8.3M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2317−0.690%$2.4M$2.2M50xas long as short
OKX 0G-USDT-SWAP+0.0100%4h0.2320−0.561%$864K$2.3M20xas long as short
Gate 0G_USDT+0.0100%8h0.2322−0.476%$600K$155K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2320−0.561%$2.1M$245K50xas long as short
Bitget 0GUSDT+0.0100%4h0.2319−0.604%$1.9M$796K50xas long as short
Variational Omni 0G+0.0100%4h0.2329−0.172%$15K$6Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni 0GUSDTlong+0.0100%1h0.2333long leg$18K$622K50x
BloFin 0G-USDT+0.0103%4h0.2325−0.347%$326K$10K50xas long as short
Backpack 0G_USDC_PERPshort+0.0149%1h0.2320−0.561%$31K$57K5x
KuCoin 0GUSDTM+0.0150%4h0.2324−0.377%$2.3M$2.3M50xas long as short
Hyperliquid 0G+0.0640%1h0.2324−0.381%$2.5M$458K3xas long as short
Lighter 0G+0.0832%1h0.2326−0.304%$48K$87K3xas long as short