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

0G

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h +0.005%
Price spread now: BloFin against ApeX Omni+0.043%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.043%, 7d avg −0.013%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.057% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 0GUSDT0.23020.0100pay 0.0013% / 1h38m 27s$18K$621K50x
ShortBloFin 0G-USDT0.23030.0135get 0.0068% / 4h38m 27s$325K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against ApeX 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

Funding earned
$7.39
Price spread: +0.043% → −0.013%
$5.67
Slippage, 4 orders
−$64.43
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.37
Costs to cover
0.864%
Break-even
76.5 days
Slippage from ApeX Omni: live order book, 19 min ago; BloFin: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 19 min ago8.66 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago2.16 bp8.3 bp −$823.0 bp −$230220.5 bp −$22.0Kdoesn't fit

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−0.0768%4h0.2304+0.087%$6.5Mas long as short
GMX 0G/USD [WBTC.b-USDC]L −0.0235% / S +0.0198%1h0.2301−0.036%$2K100xas long as short
Aster 0GUSDT+0.0100%4h0.2302+0.019%$16K$43K5xas long as short
Binance 0GUSDT+0.0100%4h0.2304+0.100%$6.8M$8.2M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2301−0.043%$2.3M$2.1M50xas long as short
OKX 0G-USDT-SWAP+0.0100%4h0.2306+0.174%$882K$2.2M20xas long as short
Gate 0G_USDT+0.0100%8h0.2301−0.043%$590K$148K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2303+0.043%$2.0M$198K50xas long as short
Bitget 0GUSDT+0.0100%4h0.2304+0.087%$1.9M$696K50xas long as short
Backpack 0G_USDC_PERP+0.0100%1h0.2304+0.087%$31K$54K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 0G+0.0100%4h0.2299−0.127%$12K$3Kas long as short
ApeX Omni 0GUSDTlong+0.0100%1h0.2302long leg$18K$621K50x
BloFin 0G-USDTshort+0.0135%4h0.2303+0.043%$325K$9K50x
KuCoin 0GUSDTM+0.0178%4h0.2304+0.109%$2.4M$2.4M50xas long as short
Hyperliquid 0G+0.0921%1h0.2306+0.179%$2.5M$480K3xas long as short
Lighter 0G+0.1480%1h0.2309+0.304%$48K$98K3xas long as short