Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0752%/8h= +82.3% APRpaid last 24h +0.264%

Price spread now: Gate against BingX−0.043%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$390as in the Price arb table

costs, in and out, $10k−$3933.929% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+2.673%+$267 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.043%, 7d avg −0.073%

Together, before fees+2.622%+$262 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.030% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 0G-USDT	0.2318	−0.0652	get 0.0326% / 4h	35m 29s	—	$6.5M	—
Short	Gate 0G_USDT	0.2317	0.0100	get 0.0100% / 8h	35m 29s	$598K	$163K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.043%Rate

Funding earned: $157.92
Price spread: −0.043% → −0.073%: $3.03
Slippage, 4 orders: −$367.93
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$231.98
Costs to cover: 3.929%
Break-even: 17.3 days

Slippage from BingX: live order book, 1 min ago; Gate: live order book, 41 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, 1 min ago	4.31 bp	17.3 bp −$17	43.3 bp −$433	620.1 bp −$62.0K	doesn't fit
Sell Gate live order book, 41 min ago	4.35 bp	154.7 bp −$155	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	−0.0652%	4h	0.2318	long leg	—	$6.5M	—
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2316	−0.074%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0078%	4h	0.2316	−0.086%	$240K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2318	+0.010%	$23K	$19K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2318	+0.010%	$6.8M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2318	0.000%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2319	+0.043%	$885K	$2.3M	20x	as long as short
Gate 0G_USDTshort	+0.0100%	8h	0.2317	−0.043%	$598K	$163K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2318	0.000%	$2.0M	$203K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2320	+0.086%	$1.8M	$668K	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	0.2315	−0.141%	$13K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2315	−0.129%	$18K	$630K	50x	as long as short
KuCoin 0GUSDTM	+0.0182%	4h	0.2319	+0.035%	$2.4M	$2.6M	50x	as long as short
Backpack 0G_USDC_PERP	+0.0312%	1h	0.2318	0.000%	$37K	$47K	5x	as long as short
Hyperliquid 0G	+0.0628%	1h	0.2322	+0.155%	$2.5M	$498K	3x	as long as short
Lighter 0G	+0.0704%	1h	0.2322	+0.173%	$44K	$100K	3x	as long as short