Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against OKX+0.086%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$625as in the Funding arb table

Net, price: spread back to 7d avg − costs−$609as in the Price arb table

costs, in and out, $10k−$6276.265% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.086%, 7d avg −0.090%

Together, before fees−0.257%−$26 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: Gate is 0.176% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX 0G-USDT-SWAP	0.2328	0.0100	pay 0.0050% / 4h	1h 15m	$898K	$2.3M	20x
Short	Gate 0G_USDT	0.2330	0.0100	get 0.0100% / 8h	5h 15m	$603K	$147K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → −0.090%: $17.62
Slippage, 4 orders: −$601.5
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$608.89
Costs to cover: 6.265%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Gate: live order book, 46 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 OKX live order book, 1 min ago	2.14 bp	25.3 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 46 min ago	4.33 bp	288.2 bp −$288	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	−0.0810%	4h	0.2327	−0.043%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2329	+0.045%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0049%	4h	0.2334	+0.258%	$329K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2329	+0.033%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2327	−0.023%	$6.8M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2325	−0.129%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAPlong	+0.0100%	4h	0.2328	long leg	$898K	$2.3M	20x
Gate 0G_USDTshort	+0.0100%	8h	0.2330	+0.086%	$603K	$147K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2326	−0.086%	$2.0M	$194K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2326	−0.086%	$1.9M	$714K	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	0.2328	−0.019%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2333	+0.215%	$18K	$622K	50x	as long as short
KuCoin 0GUSDTM	+0.0112%	4h	0.2330	+0.073%	$2.4M	$2.4M	50x	as long as short
Backpack 0G_USDC_PERP	+0.0655%	1h	0.2330	+0.086%	$33K	$50K	5x	as long as short
Hyperliquid 0G	+0.0776%	1h	0.2331	+0.133%	$2.5M	$494K	3x	as long as short
Lighter 0G	+0.1584%	1h	0.2333	+0.215%	$49K	$104K	3x	as long as short