Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.030%

Price spread now: Backpack against KuCoin+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Backpack is 0.043% dearer against KuCoin than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.162%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin 0GUSDTM	0.2315	0.0132	pay 0.0066% / 4h	2h 38m	$2.3M	$2.3M	50x
Short	Backpack 0G_USDC_PERP	0.2316	0.0100	get 0.0013% / 1h	38m 24s	$31K	$57K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against KuCoin. 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 KuCoinbpFee BackpackbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$6.72
Price spread: +0.043% → 0.000%: $4.32
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$24.4
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Backpack: no order-book sample. Net counts fees only.

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 KuCoin live order book, 3 min ago	3.88 bp	28.1 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

Backpack: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX 0G-USDT	−0.0640%	4h	0.2317	+0.086%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2316	+0.030%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0041%	4h	0.2313	−0.086%	$326K	$10K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2316	+0.056%	$16K	$42K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2318	+0.130%	$6.9M	$8.3M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2315	0.000%	$2.4M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2318	+0.130%	$857K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2312	−0.130%	$597K	$157K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2318	+0.130%	$2.1M	$246K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2318	+0.130%	$1.9M	$798K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack 0G_USDC_PERPshort	+0.0100%	1h	0.2316	+0.043%	$31K	$57K	5x
Variational Omni 0G	+0.0100%	4h	0.2314	−0.037%	$14K	$6K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2312	−0.121%	$18K	$621K	50x	as long as short
KuCoin 0GUSDTMlong	+0.0132%	4h	0.2315	long leg	$2.3M	$2.3M	50x
Hyperliquid 0G	+0.0655%	1h	0.2322	+0.320%	$2.5M	$455K	3x	as long as short
Lighter 0G	+0.0848%	1h	0.2321	+0.259%	$48K	$87K	3x	as long as short