Funding you earn now, next payment 00:00 UTC+0.0820%/8h= +89.8% APRnext payment +$1.03 per $10,000 · paid last 24h +0.179%
Price spread now: Lighter against ApeX Omni+0.388%48s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as 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−$1741.737% of the position
Funding, last 7 days+0.507%+$51 on $10k
+Price spread, last 3 days (all we have)−0.318%−$32 · spread now +0.388%, 7d avg +0.061%
=Together, before fees+0.188%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.327% dearer against ApeX Omni than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.061%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.507% in total (about 26.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni 0GUSDT | 0.2320 | 0.0100 | pay 0.0013% / 1h | 50m 28s | $18K | $631K | 50x |
| Short | Lighter 0G | 0.2329 | 0.0920 | get 0.0115% / 1h | 50m 28s | $45K | $100K | 3x |
ApeX Omni 0GUSDT
Lighter 0GFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $172.2
- Price spread: +0.388% → +0.061%
- $32.67
- Slippage, 4 orders
- −$163.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $31.19
- Costs to cover
- 1.737%
- Break-even
- 5.7 days
Slippage from ApeX Omni: live order book, 28 min ago; Lighter: live order book, 9 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, 28 min ago | 10.88 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 12.94 bp | 57.3 bp −$57 | 138.8 bp −$1,388 | 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 | −0.0638% | 4h | 0.2326 | +0.259% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2321 | +0.022% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2323 | +0.117% | $23K | $19K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2325 | +0.234% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2324 | +0.172% | $2.3M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2327 | +0.302% | $884K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2321 | +0.043% | $598K | $162K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2324 | +0.172% | $2.1M | $202K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2324 | +0.172% | $1.8M | $665K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2316 | −0.164% | $13K | $10K | — | as long as short |
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 0GShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDTlong | +0.0100% | 1h | 0.2320 | long leg | $18K | $631K | 50x | |
| BloFin 0G-USDT | +0.0147% | 4h | 0.2318 | −0.086% | $324K | $9K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0230% | 4h | 0.2328 | +0.332% | $2.4M | $2.6M | 50x | as long as short |
| Hyperliquid 0G | +0.0619% | 1h | 0.2329 | +0.371% | $2.5M | $500K | 3x | as long as short |
| Backpack 0G_USDC_PERP | +0.0828% | 1h | 0.2323 | +0.129% | $38K | $47K | 5x | as long as short |
| Lighter 0Gshort | +0.0920% | 1h | 0.2329 | +0.388% | $45K | $100K | 3x |
BloFin 0G-USDT
KuCoin 0GUSDTM
Hyperliquid 0G
Backpack 0G_USDC_PERP