Settings8H · net · $10k
Funding arb · Price arb /

0G

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SwapBacktest
Alert: funding
Alert: spread
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
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 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter 0G0.23060.0704pay 0.0088% / 1h44m 53s$44K$100K3x
ShortGMX 0G/USD [WBTC.b-USDC]0.2301L −0.0235% / S +0.0198%pay 0.0025% / 1h44m 53s$2K100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 28 min ago10.78 bp42.9 bp −$43107.1 bp −$1,071doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX 0G-USDT−0.0638%4h0.2303−0.130%$6.6Mas long as short
GMX 0G/USD [WBTC.b-USDC]shortL −0.0235% / S +0.0198%1h0.2301−0.208%$2K100x
BloFin 0G-USDT+0.0064%4h0.2303−0.130%$326K$9K50xas long as short
Aster 0GUSDT+0.0100%4h0.2303−0.137%$23K$22K5xas long as short
Binance 0GUSDT+0.0100%4h0.2303−0.136%$6.7M$8.9M50xas long as short
Bybit 0GUSDT+0.0100%4h0.2301−0.217%$2.3M$2.3M50xas long as short
OKX 0G-USDT-SWAP+0.0100%4h0.2304−0.087%$881K$2.3M20xas long as short
Gate 0G_USDT+0.0100%8h0.2299−0.304%$592K$162K50xas long as short
MEXC 0G_USDT+0.0100%4h0.2302−0.173%$2.0M$202K50xas long as short
Bitget 0GUSDT+0.0100%4h0.2302−0.173%$1.8M$656K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack 0G_USDC_PERP+0.0100%1h0.2302−0.173%$37K$48K5xas long as short
Variational Omni 0G+0.0100%4h0.2299−0.291%$12K$10Kas long as short
ApeX Omni 0GUSDT+0.0100%1h0.2303−0.130%$18K$630K50xas long as short
KuCoin 0GUSDTM+0.0102%4h0.2305−0.039%$2.4M$2.6M50xas long as short
Hyperliquid 0G+0.0545%1h0.2307+0.052%$2.4M$518K3xas long as short
Lighter 0Glong+0.0704%1h0.2306long leg$44K$100K3x