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
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni 0GUSDT | 0.2333 | 0.0100 | pay 0.0013% / 1h | 41m 45s | $18K | $622K | 50x |
| Short | Backpack 0G_USDC_PERP | 0.2320 | 0.0149 | get 0.0019% / 1h | 41m 45s | $31K | $57K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 6 min ago | 10.69 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0640% | 4h | 0.2318 | −0.647% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2318 | −0.629% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2321 | −0.514% | $16K | $42K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2320 | −0.561% | $6.9M | $8.3M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2317 | −0.690% | $2.4M | $2.2M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2320 | −0.561% | $864K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2322 | −0.476% | $600K | $155K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2320 | −0.561% | $2.1M | $245K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2319 | −0.604% | $1.9M | $796K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2329 | −0.172% | $15K | $6K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDTlong | +0.0100% | 1h | 0.2333 | long leg | $18K | $622K | 50x | |
| BloFin 0G-USDT | +0.0103% | 4h | 0.2325 | −0.347% | $326K | $10K | 50x | as long as short |
| Backpack 0G_USDC_PERPshort | +0.0149% | 1h | 0.2320 | −0.561% | $31K | $57K | 5x | |
| KuCoin 0GUSDTM | +0.0150% | 4h | 0.2324 | −0.377% | $2.3M | $2.3M | 50x | as long as short |
| Hyperliquid 0G | +0.0640% | 1h | 0.2324 | −0.381% | $2.5M | $458K | 3x | as long as short |
| Lighter 0G | +0.0832% | 1h | 0.2326 | −0.304% | $48K | $87K | 3x | as long as short |
ApeX Omni 0GUSDT
Backpack 0G_USDC_PERP
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Variational Omni 0G
BloFin 0G-USDT
KuCoin 0GUSDTM
Hyperliquid 0G
Lighter 0G