Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.203%

Price spread now: Lighter against Bitget+0.212%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.574%+$57 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.212% dearer against Bitget than usual: you sell high and buy low: +$21 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	Bitget 0GUSDT	0.2356	0.0100	pay 0.0050% / 4h	3h 35m	$1.9M	$803K	50x
Short	Lighter 0G	0.2361	0.0624	get 0.0078% / 1h	35m 43s	$49K	$87K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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 BitgetbpFee LighterbpOrdersPrice spread, now +0.212%Rate

Funding earned: $110.04
Price spread: +0.212% → 0.000%: $21.22
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $119.26
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bitget: live order book, 1 min ago; Lighter: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	4.24 bp	25.7 bp −$26	65.6 bp −$656	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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	−0.0380%	4h	0.2355	−0.042%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2356	+0.003%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0086%	4h	0.2359	+0.127%	$326K	$10K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2358	+0.088%	$16K	$49K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2355	−0.042%	$6.9M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2354	−0.085%	$2.4M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2354	−0.085%	$871K	$2.4M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2356	0.000%	$600K	$211K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2355	−0.042%	$2.1M	$250K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2358	+0.076%	$2.2M	$2.2M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget 0GUSDTlong	+0.0100%	4h	0.2356	long leg	$1.9M	$803K	50x
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2356	0.000%	$34K	$61K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2353	−0.144%	$15K	$7K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2357	+0.042%	$18K	$628K	50x	as long as short
Hyperliquid 0G	+0.0328%	1h	0.2360	+0.183%	$2.5M	$435K	3x	as long as short
Lighter 0Gshort	+0.0624%	1h	0.2361	+0.212%	$49K	$87K	3x