Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0618%/8h= +67.7% APRpaid last 24h +0.182%

Price spread now: Hyperliquid against Aster+0.168%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Hyperliquid is 0.168% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 0GUSDT	0.2306	0.0100	pay 0.0050% / 4h	1h 02m	$23K	$22K	5x
Short	Hyperliquid 0G	0.2310	0.0718	get 0.0090% / 1h	2m 58s	$2.4M	$502K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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 AsterbpFee HyperliquidbpOrdersPrice spread, now +0.168%Rate

Funding earned: $129.84
Price spread: +0.168% → 0.000%: $16.78
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $129.62
Costs to cover: 0.170%
Break-even: 0.0 days

Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 8 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 8 min ago	1.52 bp	23.4 bp −$23	doesn't fit	doesn't fit	doesn't fit

Aster: 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	−0.0642%	4h	0.2306	−0.019%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2304	−0.085%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0053%	4h	0.2308	+0.068%	$323K	$9K	50x	as long as short
Aster 0GUSDTlong	+0.0100%	4h	0.2306	long leg	$23K	$22K	5x
Binance 0GUSDT	+0.0100%	4h	0.2307	+0.023%	$6.7M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2306	−0.019%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2306	−0.019%	$874K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2303	−0.149%	$594K	$165K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2307	+0.025%	$2.0M	$204K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2307	+0.025%	$1.8M	$657K	50x	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	0.2302	−0.206%	$12K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2303	−0.149%	$18K	$632K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0105%	1h	0.2307	+0.025%	$37K	$47K	5x	as long as short
KuCoin 0GUSDTM	+0.0200%	4h	0.2307	+0.042%	$2.4M	$2.6M	50x	as long as short
Hyperliquid 0Gshort	+0.0718%	1h	0.2310	+0.168%	$2.4M	$502K	3x
Lighter 0G	+0.0776%	1h	0.2310	+0.155%	$44K	$100K	3x	as long as short