0G

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Hyperliquid+0.034%7-day average −0.159% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1601.601% of the position

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.034%, 7d avg −0.159%

Together, before fees−0.301%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.193% dearer against Hyperliquid than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.159%. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid 0G	0.2320	0.0578	pay 0.0072% / 1h	42m 28s	$2.5M	$500K	3x
Short	Lighter 0G	0.2321	0.0712	get 0.0089% / 1h	42m 28s	$44K	$100K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. 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 HyperliquidbpFee LighterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $28.15
Price spread: +0.034% → −0.159%: $19.3
Slippage, 4 orders: −$151.15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$112.7
Costs to cover: 1.601%
Break-even: 35.0 days

Slippage from Hyperliquid: live order book, 9 min ago; Lighter: live order book, 17 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 Hyperliquid live order book, 9 min ago	1.72 bp	26.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 17 min ago	12.94 bp	57.3 bp −$57	138.8 bp −$1,388	doesn't fit	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	−0.0648%	4h	0.2317	−0.138%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2316	−0.192%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2319	−0.068%	$23K	$19K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2318	−0.115%	$6.8M	$8.9M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2317	−0.138%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2320	−0.009%	$885K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2318	−0.095%	$598K	$163K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2318	−0.095%	$2.0M	$202K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2319	−0.052%	$1.8M	$666K	50x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2323	+0.108%	$13K	$10K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni 0GUSDT	+0.0100%	1h	0.2322	+0.078%	$18K	$630K	50x	as long as short
BloFin 0G-USDT	+0.0111%	4h	0.2323	+0.121%	$326K	$9K	50x	as long as short
KuCoin 0GUSDTM	+0.0214%	4h	0.2319	−0.052%	$2.4M	$2.6M	50x	as long as short
Hyperliquid 0Glong	+0.0578%	1h	0.2320	long leg	$2.5M	$500K	3x
Backpack 0G_USDC_PERP	+0.0579%	1h	0.2318	−0.095%	$37K	$47K	5x	as long as short
Lighter 0Gshort	+0.0712%	1h	0.2321	+0.034%	$44K	$100K	3x