Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Gate−0.043%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$642as in the Funding arb table

Net, price: spread back to 7d avg − costs−$652as in the Price arb table

costs, in and out, $10k−$6416.406% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.043%, 7d avg +0.074%

Together, before fees+0.397%+$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2333	0.0100	pay 0.0100% / 8h	5h 19m	$604K	$147K	50x
Short	Bybit 0GUSDT	0.2332	0.0100	get 0.0050% / 4h	1h 19m	$2.3M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → +0.074%: −$11.67
Slippage, 4 orders: −$614.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$652.23
Costs to cover: 6.406%
Break-even: never at this rate

Slippage from Gate: live order book, 42 min ago; Bybit: live order book, 3 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 Gate live order book, 42 min ago	4.33 bp	291.4 bp −$291	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.14 bp	26.6 bp −$27	199.5 bp −$1,995	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	−0.0844%	4h	0.2334	+0.043%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2333	−0.012%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0069%	4h	0.2335	+0.086%	$328K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2333	−0.019%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2335	+0.085%	$6.9M	$8.6M	50x	as long as short
Bybit 0GUSDTshort	+0.0100%	4h	0.2332	−0.043%	$2.3M	$2.3M	50x
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2334	+0.043%	$900K	$2.3M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2333	long leg	$604K	$147K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2334	+0.043%	$2.0M	$194K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2335	+0.086%	$1.9M	$718K	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	0.2336	+0.110%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2334	+0.043%	$18K	$622K	50x	as long as short
KuCoin 0GUSDTM	+0.0114%	4h	0.2335	+0.094%	$2.4M	$2.4M	50x	as long as short
Backpack 0G_USDC_PERP	+0.0685%	1h	0.2334	+0.043%	$33K	$50K	5x	as long as short
Hyperliquid 0G	+0.0805%	1h	0.2338	+0.201%	$2.5M	$494K	3x	as long as short
Lighter 0G	+0.1624%	1h	0.2340	+0.300%	$49K	$104K	3x	as long as short