Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.178%

Price spread now: Lighter against Variational Omni+0.426%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Lighter

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.426% dearer against Variational Omni than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 0G	0.2295	0.0100	pay 0.0050% / 4h	1h 11m	$12K	$10K	—
Short	Lighter 0G	0.2305	0.0800	get 0.0100% / 1h	11m 59s	$44K	$100K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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 Variational OmnibpFee LighterbpOrdersPrice spread, now +0.426%Rate

Funding earned: $147
Price spread: +0.426% → 0.000%: $42.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $189.64
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Lighter: live order book, 61 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Lighter live order book, 61 min ago	10.78 bp	55.6 bp −$56	130.7 bp −$1,307	doesn't fit	doesn't fit

Variational Omni: 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	−0.0650%	4h	0.2301	+0.252%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2300	+0.194%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2302	+0.297%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2301	+0.274%	$6.7M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2299	+0.165%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2300	+0.209%	$872K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2298	+0.121%	$592K	$165K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2301	+0.252%	$2.0M	$204K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2303	+0.339%	$1.8M	$657K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2301	+0.252%	$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 0Glong	+0.0100%	4h	0.2295	long leg	$12K	$10K	—
ApeX Omni 0GUSDT	+0.0100%	1h	0.2296	+0.034%	$18K	$631K	50x	as long as short
BloFin 0G-USDT	+0.0152%	4h	0.2297	+0.078%	$323K	$9K	50x	as long as short
KuCoin 0GUSDTM	+0.0188%	4h	0.2301	+0.243%	$2.4M	$2.6M	50x	as long as short
Hyperliquid 0G	+0.0737%	1h	0.2304	+0.400%	$2.4M	$509K	3x	as long as short
Lighter 0Gshort	+0.0800%	1h	0.2305	+0.426%	$44K	$100K	3x