Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.179%

Price spread now: Lighter against Aster−0.030%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 0GUSDT	0.2334	0.0100	pay 0.0050% / 4h	8m 23s	$23K	$22K	5x
Short	Lighter 0G	0.2333	0.0648	get 0.0081% / 1h	8m 23s	$45K	$100K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.030%Rate

Funding earned: $115.08
Price spread: −0.030% → 0.000%: −$3
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $104.08
Costs to cover: 0.080%
Break-even: 0.7 days

Slippage unknown: Aster: no order-book sample; Lighter: live order book, 51 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 Lighter live order book, 51 min ago	12.94 bp	57.3 bp −$57	138.8 bp −$1,388	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	−0.0708%	4h	0.2336	+0.099%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2335	+0.057%	$2K	—	100x	as long as short
Aster 0GUSDTlong	+0.0100%	4h	0.2334	long leg	$23K	$22K	5x
Binance 0GUSDT	+0.0100%	4h	0.2337	+0.138%	$6.8M	$9.1M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2335	+0.056%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2336	+0.099%	$891K	$2.4M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2333	−0.030%	$602K	$172K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2335	+0.056%	$2.1M	$205K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2335	+0.056%	$1.9M	$718K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2329	−0.201%	$36K	$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	0.2324	−0.409%	$13K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2328	−0.244%	$18K	$630K	50x	as long as short
KuCoin 0GUSDTM	+0.0146%	4h	0.2337	+0.128%	$2.4M	$2.5M	50x	as long as short
BloFin 0G-USDT	+0.0148%	4h	0.2330	−0.159%	$326K	$9K	50x	as long as short
Hyperliquid 0G	+0.0552%	1h	0.2340	+0.266%	$2.5M	$500K	3x	as long as short
Lighter 0Gshort	+0.0648%	1h	0.2333	−0.030%	$45K	$100K	3x