Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1962%/8h= +214.8% APRpaid last 24h +0.426%

Price spread now: Lighter against BingX+0.214%7-day average +0.028% · you sell dearer than you buy

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

Long on BingX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+3.295%+$330 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now +0.214%, 7d avg +0.028%

Together, before fees+3.455%+ Points / potential airdropLighter: Season 3 · farm board+$345 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and Lighter is 0.185% dearer against BingX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 0G-USDT	0.2341	−0.0642	get 0.0321% / 4h	3h 11m	—	$6.5M	—
Short	Lighter 0G	0.2346	0.1320	get 0.0165% / 1h	11m 48s	$49K	$87K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 LighterbpOrdersPrice spread, now +0.214%Rate

Funding earned: $412.02
Price spread: +0.214% → +0.028%: $18.53
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $420.55
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: BingX: live order book, 9 min ago; Lighter: no order-book sample. 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 BingX live order book, 9 min ago	6.41 bp	21.2 bp −$21	49.0 bp −$490	733.3 bp −$73.3K	1366.6 bp −$683.3K
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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-USDTlong	−0.0642%	4h	0.2341	long leg	—	$6.5M	—
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2339	−0.071%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0075%	4h	0.2342	+0.043%	$328K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2341	+0.003%	$17K	$41K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2342	+0.050%	$6.9M	$8.5M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2340	−0.043%	$2.4M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2342	+0.043%	$876K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2341	0.000%	$606K	$155K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2341	0.000%	$2.1M	$239K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2341	0.000%	$1.9M	$801K	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	0.2342	+0.043%	$32K	$54K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2341	+0.004%	$14K	$5K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2343	+0.098%	$18K	$621K	50x	as long as short
KuCoin 0GUSDTM	+0.0236%	4h	0.2341	+0.021%	$2.3M	$2.3M	50x	as long as short
Hyperliquid 0G	+0.0559%	1h	0.2345	+0.191%	$2.5M	$465K	3x	as long as short
Lighter 0Gshort	+0.1320%	1h	0.2346	+0.214%	$49K	$87K	3x