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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC+0.086%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$660.665% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.086%, 7d avg +0.061%

Together, before fees−0.066%−$7 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 0.025% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 0G_USDT	0.2325	0.0100	pay 0.0050% / 4h	1h 32m	$2.0M	$193K	50x
Short	OKX 0G-USDT-SWAP	0.2327	0.0100	get 0.0050% / 4h	1h 32m	$897K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → +0.061%: $2.51
Slippage, 4 orders: −$52.47
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$63.96
Costs to cover: 0.665%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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 MEXC live order book, 4 min ago	2.16 bp	10.3 bp −$10	29.6 bp −$296	170.0 bp −$17.0K	247.0 bp −$123.5K
Sell OKX live order book, 4 min ago	2.16 bp	24.0 bp −$24	398.4 bp −$3,984	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	−0.1078%	4h	0.2326	+0.043%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2323	−0.067%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2324	−0.049%	$17K	$41K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2325	0.000%	$6.8M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2324	−0.043%	$2.3M	$2.4M	50x	as long as short
OKX 0G-USDT-SWAPshort	+0.0100%	4h	0.2327	+0.086%	$897K	$2.3M	20x
Gate 0G_USDT	+0.0100%	8h	0.2323	−0.086%	$601K	$146K	50x	as long as short
MEXC 0G_USDTlong	+0.0100%	4h	0.2325	long leg	$2.0M	$193K	50x
KuCoin 0GUSDTM	+0.0100%	4h	0.2327	+0.077%	$2.4M	$2.4M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2326	+0.043%	$1.9M	$727K	50x	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	0.2319	−0.278%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2321	−0.151%	$18K	$624K	50x	as long as short
BloFin 0G-USDT	+0.0131%	4h	0.2319	−0.258%	$327K	$9K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0490%	1h	0.2327	+0.086%	$31K	$50K	5x	as long as short
Hyperliquid 0G	+0.1023%	1h	0.2329	+0.168%	$2.5M	$502K	3x	as long as short
Lighter 0G	+0.1648%	1h	0.2331	+0.258%	$49K	$104K	3x	as long as short