Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.010%

Price spread now: KuCoin against ApeX Omni+0.205%82s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1161.165% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.254%−$25 · spread now +0.205%, 7d avg +0.040%

Together, before fees−0.215%−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.164% dearer against ApeX Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.040%. The two prices were read 82 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	0.2295	0.0100	pay 0.0013% / 1h	20m 00s	$18K	$630K	50x
Short	KuCoin 0GUSDTM	0.2300	0.0172	get 0.0086% / 4h	1h 20m	$2.4M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee KuCoinbpOrdersPrice spread, now +0.205%Rate

Funding earned: $15.12
Price spread: +0.205% → +0.040%: $16.44
Slippage, 4 orders: −$94.49
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$84.93
Costs to cover: 1.165%
Break-even: 46.3 days

Slippage from ApeX Omni: live order book, 63 min ago; KuCoin: live order book, 2 min ago.

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, 63 min ago	10.75 bp	26.6 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	2.39 bp	31.5 bp −$32	369.4 bp −$3,694	doesn't fit	doesn't fit

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	−0.0656%	4h	0.2297	+0.087%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2295	+0.010%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2298	+0.118%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2298	+0.118%	$6.7M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2297	+0.087%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2298	+0.131%	$873K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2294	−0.044%	$591K	$164K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2296	+0.044%	$2.0M	$203K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2298	+0.131%	$1.8M	$657K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2297	+0.087%	$37K	$48K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 0G	+0.0100%	4h	0.2298	+0.118%	$12K	$10K	—	as long as short
ApeX Omni 0GUSDTlong	+0.0100%	1h	0.2295	long leg	$18K	$630K	50x
BloFin 0G-USDT	+0.0111%	4h	0.2297	+0.087%	$324K	$9K	50x	as long as short
KuCoin 0GUSDTMshort	+0.0172%	4h	0.2300	+0.205%	$2.4M	$2.6M	50x
Lighter 0G	+0.0768%	1h	0.2301	+0.261%	$44K	$100K	3x	as long as short
Hyperliquid 0G	+0.0784%	1h	0.2301	+0.265%	$2.4M	$508K	3x	as long as short