Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.010%

Price spread now: Gate against KuCoin−0.156%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$417as in the Funding arb table

Net, price: spread back to 7d avg − costs−$424as in the Price arb table

costs, in and out, $10k−$4164.158% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.156%, 7d avg −0.077%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.079% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin 0GUSDTM	0.2301	0.0172	pay 0.0086% / 4h	1h 09m	$2.4M	$2.6M	50x
Short	Gate 0G_USDT	0.2297	0.0100	get 0.0100% / 8h	1h 09m	$592K	$165K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.156%Rate

Funding earned: −$15.12
Price spread: −0.156% → −0.077%: −$7.93
Slippage, 4 orders: −$388.82
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$438.87
Costs to cover: 4.158%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 6 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 KuCoin live order book, 2 min ago	3.91 bp	32.1 bp −$32	503.6 bp −$5,036	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	4.35 bp	154.7 bp −$155	doesn't fit	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	−0.0650%	4h	0.2300	−0.026%	—	$6.6M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2297	−0.139%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2301	+0.017%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2301	+0.006%	$6.7M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2298	−0.113%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2303	+0.104%	$872K	$2.3M	20x	as long as short
Gate 0G_USDTshort	+0.0100%	8h	0.2297	−0.156%	$592K	$165K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2300	−0.026%	$2.0M	$204K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2302	+0.061%	$1.8M	$657K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2300	−0.026%	$37K	$48K	5x	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	0.2298	−0.126%	$12K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2302	+0.061%	$18K	$630K	50x	as long as short
BloFin 0G-USDT	+0.0101%	4h	0.2301	+0.017%	$323K	$9K	50x	as long as short
KuCoin 0GUSDTMlong	+0.0172%	4h	0.2301	long leg	$2.4M	$2.6M	50x
Hyperliquid 0G	+0.0723%	1h	0.2303	+0.126%	$2.4M	$502K	3x	as long as short
Lighter 0G	+0.0776%	1h	0.2305	+0.191%	$44K	$100K	3x	as long as short