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

0G

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0900%/8h= +98.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.277%
Price spread now: Hyperliquid against GMX+0.285%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Hyperliquid is 0.285% dearer against GMX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX 0G/USD [WBTC.b-USDC]0.2313L −0.0235% / S +0.0198%get 0.0029% / 1h59m 01s$2K100x
ShortHyperliquid 0G0.23190.0665get 0.0083% / 1h59m 01s$2.5M$503K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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
$188.96
Price spread: +0.285% → 0.000%
$28.49
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$196.45
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Hyperliquid live order book, 2 min ago1.08 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0640%4h0.2317+0.181%$6.6Mas long as short
GMX 0G/USD [WBTC.b-USDC]longL −0.0235% / S +0.0198%1h0.2313long leg$2K100x
Aster 0GUSDT+0.0100%4h0.2315+0.095%$23K$19K5xas long as short
Binance 0GUSDT+0.0100%4h0.2313+0.008%$6.8M$8.9M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2312−0.035%$2.3M$2.3M50xas long as short
OKX 0G-USDT-SWAP+0.0100%4h0.2315+0.095%$880K$2.3M20xas long as short
Gate 0G_USDT+0.0100%8h0.2312−0.035%$596K$162K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2315+0.095%$2.0M$201K50xas long as short
Bitget 0GUSDT+0.0100%4h0.2315+0.095%$1.8M$659K50xas long as short
Variational Omni 0G+0.0100%4h0.2305−0.351%$12K$10Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni 0GUSDT+0.0100%1h0.2306−0.273%$18K$632K50xas long as short
BloFin 0G-USDT+0.0121%4h0.2312−0.035%$324K$9K50xas long as short
KuCoin 0GUSDTM+0.0224%4h0.2316+0.116%$2.4M$2.6M50xas long as short
Hyperliquid 0Gshort+0.0665%1h0.2319+0.285%$2.5M$503K3x
Backpack 0G_USDC_PERP+0.1140%1h0.2316+0.138%$37K$47K5xas long as short
Lighter 0G+0.1224%1h0.2317+0.181%$44K$100K3xas long as short