Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h −0.005%

Price spread now: ApeX Omni against BloFin+0.043%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.864% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.043%, 7d avg +0.013%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.030% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin 0G-USDT	0.2301	0.0064	pay 0.0032% / 4h	44m 07s	$327K	$9K	50x
Short	ApeX Omni 0GUSDT	0.2302	0.0100	get 0.0013% / 1h	44m 07s	$18K	$623K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $7.6
Price spread: +0.043% → +0.013%: $3.02
Slippage, 4 orders: −$64.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$75.81
Costs to cover: 0.864%
Break-even: 76.9 days

Slippage from BloFin: live order book, 56 min ago; ApeX Omni: live order book, 14 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 BloFin live order book, 56 min ago	2.16 bp	22.4 bp −$22	34.1 bp −$341	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 14 min ago	8.66 bp	27.0 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-USDT	−0.0750%	4h	0.2309	+0.348%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2307	+0.275%	$2K	—	100x	as long as short
BloFin 0G-USDTlong	+0.0064%	4h	0.2301	long leg	$327K	$9K	50x
Aster 0GUSDT	+0.0100%	4h	0.2306	+0.224%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2310	+0.391%	$6.8M	$8.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2307	+0.261%	$2.3M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2309	+0.348%	$885K	$2.2M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2305	+0.174%	$591K	$148K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2309	+0.348%	$2.0M	$197K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2307	+0.261%	$1.9M	$698K	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	0.2310	+0.391%	$31K	$54K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2299	−0.084%	$12K	$3K	—	as long as short
ApeX Omni 0GUSDTshort	+0.0100%	1h	0.2302	+0.043%	$18K	$623K	50x
KuCoin 0GUSDTM	+0.0162%	4h	0.2310	+0.400%	$2.4M	$2.4M	50x	as long as short
Hyperliquid 0G	+0.1018%	1h	0.2311	+0.433%	$2.5M	$484K	3x	as long as short
Lighter 0G	+0.1488%	1h	0.2314	+0.565%	$48K	$98K	3x	as long as short