Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.004%

Price spread now: BloFin against Gate+0.257%63s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$517as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$5175.167% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.257%, 7d avg +0.029%

Together, before fees−0.241%−$24 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: BloFin is 0.228% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2333	0.0100	pay 0.0100% / 8h	3h 24m	$603K	$153K	50x
Short	BloFin 0G-USDT	0.2339	0.0094	get 0.0047% / 4h	3h 24m	$326K	$9K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.257%Rate

Funding earned: −$1.34
Price spread: +0.257% → +0.029%: $22.84
Slippage, 4 orders: −$489.69
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$495.18
Costs to cover: 5.167%
Break-even: never at this rate

Slippage from Gate: live order book, 27 min ago; BloFin: live order book, 6 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 Gate live order book, 27 min ago	4.29 bp	356.6 bp −$357	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	2.14 bp	17.7 bp −$18	39.6 bp −$396	174.2 bp −$17.4K	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	−0.0702%	4h	0.2336	+0.129%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2335	+0.073%	$2K	—	100x	as long as short
BloFin 0G-USDTshort	+0.0094%	4h	0.2339	+0.257%	$326K	$9K	50x
Aster 0GUSDT	+0.0100%	4h	0.2336	+0.109%	$17K	$41K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2337	+0.162%	$6.9M	$8.5M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2335	+0.086%	$2.4M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2335	+0.086%	$873K	$2.3M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2333	long leg	$603K	$153K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2335	+0.086%	$2.1M	$238K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2336	+0.129%	$1.9M	$807K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2337	+0.171%	$32K	$54K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2336	+0.110%	$14K	$5K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2339	+0.274%	$18K	$620K	50x	as long as short
KuCoin 0GUSDTM	+0.0270%	4h	0.2337	+0.163%	$2.3M	$2.4M	50x	as long as short
Hyperliquid 0G	+0.0602%	1h	0.2340	+0.289%	$2.5M	$465K	3x	as long as short
Lighter 0G	+0.1352%	1h	0.2342	+0.386%	$49K	$87K	3x	as long as short