Funding you earn now, next payment 23:00 UTC−0.0902%/8h= −98.8% APRnext payment −$1.13 per $10,000 · paid last 24h −0.262%
Price spread now: GMX against Lighter−0.208%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and GMX is 0.208% 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 | 0.2306 | 0.0704 | pay 0.0088% / 1h | 44m 53s | $44K | $100K | 3x |
| Short | GMX 0G/USD [WBTC.b-USDC] | 0.2301 | L −0.0235% / S +0.0198% | pay 0.0025% / 1h | 44m 53s | $2K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$189.45
- Price spread: −0.208% → 0.000%
- −$20.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$222.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 28 min ago; GMX: 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 Lighter live order book, 28 min ago | 10.78 bp | 42.9 bp −$43 | 107.1 bp −$1,071 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0638% | 4h | 0.2303 | −0.130% | — | $6.6M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC]short | L −0.0235% / S +0.0198% | 1h | 0.2301 | −0.208% | $2K | — | 100x | |
| BloFin 0G-USDT | +0.0064% | 4h | 0.2303 | −0.130% | $326K | $9K | 50x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2303 | −0.137% | $23K | $22K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2303 | −0.136% | $6.7M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2301 | −0.217% | $2.3M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2304 | −0.087% | $881K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2299 | −0.304% | $592K | $162K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2302 | −0.173% | $2.0M | $202K | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2302 | −0.173% | $1.8M | $656K | 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 | 0.2302 | −0.173% | $37K | $48K | 5x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2299 | −0.291% | $12K | $10K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2303 | −0.130% | $18K | $630K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0102% | 4h | 0.2305 | −0.039% | $2.4M | $2.6M | 50x | as long as short |
| Hyperliquid 0G | +0.0545% | 1h | 0.2307 | +0.052% | $2.4M | $518K | 3x | as long as short |
| Lighter 0Glong | +0.0704% | 1h | 0.2306 | long leg | $44K | $100K | 3x |
Lighter 0G
GMX 0G/USD [WBTC.b-USDC]
BingX 0G-USDT
BloFin 0G-USDT
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
Bitget 0GUSDT
Backpack 0G_USDC_PERP
Variational Omni 0G
ApeX Omni 0GUSDT
KuCoin 0GUSDTM
Hyperliquid 0G