Funding arb · Price arb /

0G

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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: OKX against Gate+0.260%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$503as in the Funding arb table

Net, price: spread back to 7d avg − costs−$485as in the Price arb table

costs, in and out, $10k−$5025.016% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.260%, 7d avg +0.090%

Together, before fees−0.244%−$24 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: OKX is 0.170% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2307	0.0100	pay 0.0100% / 8h	6h 05m	$597K	$163K	50x
Short	OKX 0G-USDT-SWAP	0.2313	0.0100	get 0.0050% / 4h	2h 05m	$891K	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.260%Rate

Funding earned: $0
Price spread: +0.260% → +0.090%: $17.03
Slippage, 4 orders: −$476.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$484.59
Costs to cover: 5.016%
Break-even: never at this rate

Slippage from Gate: live order book, 61 min ago; OKX: live order book, 2 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, 61 min ago	4.27 bp	203.6 bp −$204	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.17 bp	20.6 bp −$21	304.2 bp −$3,042	doesn't fit	doesn't fit

0G on 15 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	−0.1606%	4h	0.2311	+0.173%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2310	+0.110%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2308	+0.043%	$18K	$42K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2312	+0.210%	$6.8M	$9.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2310	+0.130%	$2.3M	$2.5M	50x	as long as short
OKX 0G-USDT-SWAPshort	+0.0100%	4h	0.2313	+0.260%	$891K	$2.5M	20x
Gate 0G_USDTlong	+0.0100%	8h	0.2307	long leg	$597K	$163K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2311	+0.173%	$2.0M	$204K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2313	+0.247%	$2.4M	$2.5M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2311	+0.173%	$1.9M	$752K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 0G	+0.0100%	4h	0.2310	+0.134%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2308	+0.043%	$18K	$626K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0489%	1h	0.2312	+0.217%	$31K	$52K	5x	as long as short
Hyperliquid 0G	+0.0987%	1h	0.2315	+0.329%	$2.5M	$511K	3x	as long as short
Lighter 0G	+0.1024%	1h	0.2316	+0.390%	$48K	$104K	3x	as long as short