Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against ApeX Omni+0.246%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$760.765% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.246%, 7d avg −0.038%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.284% dearer against ApeX Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni 0GUSDT	0.2357	0.0100	pay 0.0013% / 1h	15m 06s	$17K	$621K	50x
Short	MEXC 0G_USDT	0.2363	0.0100	get 0.0050% / 4h	2h 15m	$2.1M	$247K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.246%Rate

Funding earned: $0
Price spread: +0.246% → −0.038%: $28.43
Slippage, 4 orders: −$62.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$48.05
Costs to cover: 0.765%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 33 min ago; MEXC: 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, 33 min ago	10.69 bp	31.2 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.12 bp	9.6 bp −$10	32.7 bp −$327	167.4 bp −$16.7K	256.8 bp −$128.4K

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	0.2363	+0.246%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2362	+0.213%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0074%	4h	0.2365	+0.331%	$324K	$10K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2363	+0.260%	$17K	$44K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2363	+0.260%	$7.0M	$8.4M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2362	+0.204%	$2.4M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2362	+0.204%	$880K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2363	+0.246%	$595K	$186K	50x	as long as short
MEXC 0G_USDTshort	+0.0100%	4h	0.2363	+0.246%	$2.1M	$247K	50x
Bitget 0GUSDT	+0.0100%	4h	0.2364	+0.288%	$1.9M	$825K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2364	+0.288%	$32K	$58K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2365	+0.314%	$15K	$6K	—	as long as short
ApeX Omni 0GUSDTlong	+0.0100%	1h	0.2357	long leg	$17K	$621K	50x
KuCoin 0GUSDTM	+0.0118%	4h	0.2364	+0.288%	$2.3M	$2.3M	50x	as long as short
Hyperliquid 0G	+0.0619%	1h	0.2368	+0.456%	$2.5M	$454K	3x	as long as short
Lighter 0G	+0.0976%	1h	0.2369	+0.501%	$49K	$87K	3x	as long as short