Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h +0.095%

Price spread now: Aster against GMX+0.075%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aster is 0.075% dearer against GMX than usual: you sell high and buy low: +$7 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	GMX 0G/USD [WBTC.b-USDC]	0.2304	L −0.0235% / S +0.0198%	get 0.0029% / 1h	57m 02s	$2K	—	100x
Short	Aster 0GUSDT	0.2306	0.0100	get 0.0050% / 4h	1h 57m	$17K	$42K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.075%Rate

Funding earned: $70.34
Price spread: +0.075% → 0.000%: $7.48
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $57.81
Costs to cover: 0.200%
Break-even: 1.2 days

Slippage unknown: GMX: no order-book sample; Aster: 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 GMX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

GMX and Aster: 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 15 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	−0.1501%	4h	0.2309	+0.205%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]long	L −0.0235% / S +0.0198%	1h	0.2304	long leg	$2K	—	100x
Aster 0GUSDTshort	+0.0100%	4h	0.2306	+0.075%	$17K	$42K	5x
Binance 0GUSDT	+0.0100%	4h	0.2309	+0.221%	$6.8M	$9.1M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2308	+0.162%	$2.3M	$2.4M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2311	+0.292%	$891K	$2.4M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2304	−0.012%	$596K	$145K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2306	+0.075%	$2.0M	$191K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2308	+0.158%	$2.4M	$2.5M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2307	+0.118%	$1.9M	$730K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2308	+0.162%	$31K	$50K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2308	+0.166%	$13K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2312	+0.353%	$18K	$625K	50x	as long as short
Hyperliquid 0G	+0.1266%	1h	0.2312	+0.318%	$2.5M	$511K	3x	as long as short
Lighter 0G	+0.1464%	1h	0.2311	+0.292%	$48K	$104K	3x	as long as short