Settings8H · net · $10k
Funding arb · Price arb /

0G

all 0G markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against BloFin+0.348%83s7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.394%−$39 · spread now +0.348%, 7d avg +0.068%
Together, before fees−0.414%−$41 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 OKX is 0.280% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.068%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 0G-USDT0.23010.0064pay 0.0032% / 4h43m 56s$327K$9K50x
ShortOKX 0G-USDT-SWAP0.23090.0100get 0.0050% / 4h43m 56s$885K$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$7.6
Price spread: +0.348% → +0.068%
$27.97
Slippage, 4 orders
−$59.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$46.2
Costs to cover
0.818%
Break-even
49.6 days
Slippage from BloFin: live order book, 56 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 56 min ago2.16 bp22.4 bp −$2234.1 bp −$341doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago4.34 bp26.5 bp −$27446.1 bp −$4,461doesn't fitdoesn't fit

0G on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX 0G-USDT−0.0750%4h0.2308+0.304%$6.5Mas long as short
GMX 0G/USD [WBTC.b-USDC]L −0.0235% / S +0.0198%1h0.2307+0.275%$2K100xas long as short
BloFin 0G-USDTlong+0.0064%4h0.2301long leg$327K$9K50x
Aster 0GUSDT+0.0100%4h0.2309+0.364%$16K$43K5xas long as short
Binance 0GUSDT+0.0100%4h0.2309+0.348%$6.8M$8.2M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2307+0.261%$2.3M$2.2M50xas long as short
OKX 0G-USDT-SWAPshort+0.0100%4h0.2309+0.348%$885K$2.2M20x
Gate 0G_USDT+0.0100%8h0.2307+0.261%$592K$148K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2308+0.304%$2.0M$197K50xas long as short
Bitget 0GUSDT+0.0100%4h0.2307+0.261%$1.9M$698K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack 0G_USDC_PERP+0.0100%1h0.2310+0.391%$31K$54K5xas long as short
Variational Omni 0G+0.0100%4h0.2299−0.084%$12K$3Kas long as short
ApeX Omni 0GUSDT+0.0100%1h0.2302+0.043%$18K$623K50xas long as short
KuCoin 0GUSDTM+0.0162%4h0.2310+0.395%$2.4M$2.4M50xas long as short
Hyperliquid 0G+0.1003%1h0.2311+0.449%$2.5M$484K3xas long as short
Lighter 0G+0.1488%1h0.2314+0.565%$48K$98K3xas long as short