Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0388%/8h= −42.5% APRpaid last 24h −0.213%

Price spread now: Gate against Lighter−0.214%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.588%−$59 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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.214% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 0G	0.2338	0.0488	pay 0.0061% / 1h	51m 49s	$48K	$86K	3x
Short	Gate 0G_USDT	0.2333	0.0100	get 0.0100% / 8h	5h 51m	$589K	$212K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now −0.214%Rate

Funding earned: −$81.48
Price spread: −0.214% → 0.000%: −$21.39
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.87
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Gate: live order book, 57 min ago. 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 Lighter no order-book sample	—	—	—	—	—
Sell Gate live order book, 57 min ago	4.27 bp	157.2 bp −$157	doesn't fit	doesn't fit	doesn't fit

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 exchanges

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	−0.0284%	4h	0.2331	−0.299%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2332	−0.237%	$2K	—	100x	as long as short
Backpack 0G_USDC_PERP	−0.0025%	1h	0.2334	−0.171%	$31K	$53K	5x	as long as short
BloFin 0G-USDT	+0.0059%	4h	0.2339	+0.043%	$320K	$16K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2333	−0.200%	$16K	$51K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2333	−0.214%	$6.8M	$7.7M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2330	−0.342%	$2.4M	$1.9M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2333	−0.214%	$853K	$2.1M	20x	as long as short
Gate 0G_USDTshort	+0.0100%	8h	0.2333	−0.214%	$589K	$212K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2332	−0.257%	$2.1M	$205K	50x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin 0GUSDTM	+0.0100%	4h	0.2335	−0.141%	$2.2M	$2.1M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2334	−0.171%	$1.9M	$744K	50x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2343	+0.210%	$16K	$9K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2343	+0.222%	$18K	$625K	50x	as long as short
Lighter 0Glong	+0.0488%	1h	0.2338	long leg	$48K	$86K	3x
Hyperliquid 0G	+0.0668%	1h	0.2338	+0.004%	$2.5M	$389K	3x	as long as short