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: MEXC against Binance−0.068%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.490% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.085%+$9 · spread now −0.068%, 7d avg −0.023%

Together, before fees+0.085%+$8 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 0.045% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 0GUSDT	0.2295	0.0100	pay 0.0050% / 4h	1h 35m	$6.7M	$8.9M	50x
Short	MEXC 0G_USDT	0.2293	0.0100	get 0.0050% / 4h	1h 35m	$2.0M	$202K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → −0.023%: −$4.52
Slippage, 4 orders: −$35
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$53.52
Costs to cover: 0.490%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; MEXC: 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, 4 min ago	2.17 bp	15.8 bp −$16	46.6 bp −$466	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.18 bp	7.2 bp −$7	31.3 bp −$313	164.0 bp −$16.4K	296.6 bp −$148.3K

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	−0.0654%	4h	0.2295	+0.019%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2294	−0.026%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2295	+0.003%	$23K	$22K	5x	as long as short
Binance 0GUSDTlong	+0.0100%	4h	0.2295	long leg	$6.7M	$8.9M	50x
Bybit 0GUSDT	+0.0100%	4h	0.2293	−0.068%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2296	+0.063%	$877K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2295	+0.019%	$591K	$163K	50x	as long as short
MEXC 0G_USDTshort	+0.0100%	4h	0.2293	−0.068%	$2.0M	$202K	50x
Bitget 0GUSDT	+0.0100%	4h	0.2295	+0.019%	$1.8M	$656K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2295	+0.019%	$37K	$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	0.2304	+0.400%	$12K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2303	+0.390%	$18K	$630K	50x	as long as short
KuCoin 0GUSDTM	+0.0122%	4h	0.2297	+0.089%	$2.4M	$2.6M	50x	as long as short
BloFin 0G-USDT	+0.0123%	4h	0.2302	+0.324%	$325K	$9K	50x	as long as short
Hyperliquid 0G	+0.0652%	1h	0.2299	+0.189%	$2.4M	$513K	3x	as long as short
Lighter 0G	+0.0728%	1h	0.2298	+0.150%	$44K	$100K	3x	as long as short