Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Binance−0.086%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$880.879% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.086%, 7d avg +0.008%

Together, before fees−0.016%−$2 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: Bybit is 0.095% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 0GUSDT	0.2302	0.0100	pay 0.0050% / 4h	1h 51m	$6.7M	$8.9M	50x
Short	Bybit 0GUSDT	0.2300	0.0100	get 0.0050% / 4h	1h 51m	$2.3M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → +0.008%: −$9.47
Slippage, 4 orders: −$66.94
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$97.41
Costs to cover: 0.879%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 1 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 Binance live order book, 3 min ago	2.17 bp	18.2 bp −$18	51.9 bp −$519	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.18 bp	27.4 bp −$27	165.4 bp −$1,654	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	−0.0634%	4h	0.2302	+0.001%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2297	−0.212%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0044%	4h	0.2302	+0.001%	$326K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2299	−0.120%	$23K	$22K	5x	as long as short
Binance 0GUSDTlong	+0.0100%	4h	0.2302	long leg	$6.7M	$8.9M	50x
Bybit 0GUSDTshort	+0.0100%	4h	0.2300	−0.086%	$2.3M	$2.3M	50x
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2303	+0.044%	$881K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2296	−0.260%	$591K	$162K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2298	−0.173%	$2.0M	$201K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2302	−0.004%	$2.4M	$2.6M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget 0GUSDT	+0.0100%	4h	0.2303	+0.044%	$1.8M	$655K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2302	+0.001%	$37K	$48K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2304	+0.079%	$12K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2300	−0.086%	$18K	$631K	50x	as long as short
Hyperliquid 0G	+0.0338%	1h	0.2304	+0.101%	$2.4M	$518K	3x	as long as short
Lighter 0G	+0.0672%	1h	0.2303	+0.044%	$44K	$100K	3x	as long as short