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: MEXC against Gate+0.043%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$572as in the Funding arb table

Net, price: spread back to 7d avg − costs−$568as in the Price arb table

costs, in and out, $10k−$5725.719% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.043%, 7d avg +0.006%

Together, before fees+0.049%+$5 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: MEXC is 0.037% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2311	0.0100	pay 0.0100% / 8h	4h 28m	$593K	$148K	50x
Short	MEXC 0G_USDT	0.2312	0.0100	get 0.0050% / 4h	28m 14s	$2.0M	$201K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → +0.006%: $3.69
Slippage, 4 orders: −$552.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$568.19
Costs to cover: 5.719%
Break-even: never at this rate

Slippage from Gate: live order book, 28 min ago; MEXC: live order book, 4 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, 28 min ago	4.31 bp	264.1 bp −$264	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	2.16 bp	10.1 bp −$10	36.3 bp −$363	179.8 bp −$18.0K	289.0 bp −$144.5K

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	−0.0804%	4h	0.2310	−0.043%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2310	−0.052%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0082%	4h	0.2318	+0.303%	$324K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2315	+0.155%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2312	+0.043%	$6.8M	$8.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2311	0.000%	$2.3M	$2.1M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2311	0.000%	$863K	$2.2M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2311	long leg	$593K	$148K	50x
MEXC 0G_USDTshort	+0.0100%	4h	0.2312	+0.043%	$2.0M	$201K	50x
Bitget 0GUSDT	+0.0100%	4h	0.2313	+0.087%	$1.9M	$696K	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	0.2311	−0.017%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2307	−0.173%	$18K	$620K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0246%	1h	0.2312	+0.043%	$31K	$54K	5x	as long as short
KuCoin 0GUSDTM	+0.0266%	4h	0.2314	+0.117%	$2.4M	$2.4M	50x	as long as short
Hyperliquid 0G	+0.0902%	1h	0.2315	+0.186%	$2.5M	$481K	3x	as long as short
Lighter 0G	+0.1488%	1h	0.2317	+0.260%	$48K	$98K	3x	as long as short