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

0G

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0846%/8h= −92.7% APRnext payment $1.06 per $10,000 · paid last 24h −0.264%
Price spread now: GMX against Lighter−0.259%7-day average · you buy dearer than you sell
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and GMX is 0.259% cheaper against Lighter than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter 0G0.23300.0648pay 0.0081% / 1h26m 10s$45K$101K3x
ShortGMX 0G/USD [WBTC.b-USDC]0.2324L −0.0235% / S +0.0198%pay 0.0025% / 1h26m 10s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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
−$177.69
Price spread: −0.259% → 0.000%
−$25.88
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$215.57
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 55 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 55 min ago10.77 bp42.0 bp −$42121.0 bp −$1,210doesn't fitdoesn't fit
Sell GMX no order-book sample
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−0.0532%4h0.2325−0.215%$6.5Mas long as short
GMX 0G/USD [WBTC.b-USDC]shortL −0.0235% / S +0.0198%1h0.2324−0.259%$2K100x
BloFin 0G-USDT+0.0072%4h0.2321−0.386%$329K$9K50xas long as short
Aster 0GUSDT+0.0100%4h0.2324−0.278%$23K$22K5xas long as short
Binance 0GUSDT+0.0100%4h0.2327−0.129%$6.8M$8.9M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2325−0.215%$2.3M$2.3M50xas long as short
OKX 0G-USDT-SWAP+0.0100%4h0.2326−0.172%$892K$2.3M20xas long as short
Gate 0G_USDT+0.0100%8h0.2324−0.258%$598K$163K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2326−0.172%$2.1M$203K50xas long as short
KuCoin 0GUSDTM+0.0100%4h0.2327−0.133%$2.4M$2.6M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget 0GUSDT+0.0100%4h0.2327−0.129%$1.8M$655K50xas long as short
Variational Omni 0G+0.0100%4h0.2317−0.541%$12K$10Kas long as short
ApeX Omni 0GUSDT+0.0100%1h0.2319−0.494%$18K$632K50xas long as short
Hyperliquid 0G+0.0193%1h0.2329−0.021%$2.5M$522K3xas long as short
Backpack 0G_USDC_PERP+0.0326%1h0.2326−0.172%$38K$49K5xas long as short
Lighter 0Glong+0.0648%1h0.2330long leg$45K$101K3x