Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0744%/8h= +81.5% APRpaid last 24h +0.229%

Price spread now: ApeX Omni against BingX−0.272%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs+$172as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1011.014% of the position

Long on BingX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+2.735%+$273 on $10k

Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.272%, 7d avg −0.028%

Together, before fees+3.021%+$302 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.245% cheaper against BingX than usual: you would sell low and buy high (spread −0.272% now, against its 7-day average of −0.028%). If the spread goes back, that is −$24 on $10k: about 26 hours of funding at the current rate (+$22 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 0G-USDT	0.2314	−0.0644	get 0.0322% / 4h	2h 22m	—	$6.5M	—
Short	ApeX Omni 0GUSDT	0.2308	0.0100	get 0.0013% / 1h	22m 59s	$18K	$620K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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 BingXbpFee ApeX OmnibpOrdersPrice spread, now −0.272%Rate

Funding earned: $156.24
Price spread: −0.272% → −0.028%: −$24.47
Slippage, 4 orders: −$81.42
Fee BingX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $30.35
Costs to cover: 1.014%
Break-even: 5.6 days

Slippage from BingX: live order book, 13 min ago; ApeX Omni: live order book, 25 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 BingX live order book, 13 min ago	6.45 bp	19.3 bp −$19	47.4 bp −$474	771.7 bp −$77.2K	1379.8 bp −$689.9K
Sell ApeX Omni live order book, 25 min ago	10.69 bp	27.3 bp −$27	doesn't fit	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-USDTlong	−0.0644%	4h	0.2314	long leg	—	$6.5M	—
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2310	−0.153%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0047%	4h	0.2318	+0.173%	$326K	$10K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2315	+0.027%	$16K	$42K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2314	+0.001%	$6.8M	$8.3M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2311	−0.130%	$2.3M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2313	−0.043%	$855K	$2.2M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2312	−0.086%	$584K	$180K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2313	−0.043%	$2.1M	$247K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2314	0.000%	$1.9M	$802K	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	0.2313	−0.043%	$32K	$58K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2310	−0.189%	$14K	$6K	—	as long as short
ApeX Omni 0GUSDTshort	+0.0100%	1h	0.2308	−0.272%	$18K	$620K	50x
KuCoin 0GUSDTM	+0.0118%	4h	0.2314	+0.004%	$2.3M	$2.3M	50x	as long as short
Hyperliquid 0G	+0.0738%	1h	0.2317	+0.117%	$2.5M	$450K	3x	as long as short
Lighter 0G	+0.1016%	1h	0.2317	+0.130%	$48K	$87K	3x	as long as short