Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against ApeX Omni−0.799%51s7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$634as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$6376.365% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.757%+$76 · spread now −0.799%, 7d avg −0.046%

Together, before fees+0.784%+$78 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.753% cheaper against ApeX Omni than usual: you would sell low and buy high, −$75 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni 0GUSDT	0.2377	0.0100	pay 0.0013% / 1h	56m 30s	$17K	$621K	50x
Short	Gate 0G_USDT	0.2358	0.0100	get 0.0100% / 8h	1h 56m	$592K	$188K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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 ApeX OmnibpFee GatebpOrdersPrice spread, now −0.799%Rate

Funding earned: $0
Price spread: −0.799% → −0.046%: −$75.32
Slippage, 4 orders: −$611.52
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$711.84
Costs to cover: 6.365%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 51 min ago; Gate: live order book, 50 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 ApeX Omni live order book, 51 min ago	10.69 bp	31.2 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 50 min ago	4.29 bp	231.2 bp −$231	doesn't fit	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	−0.0598%	4h	0.2356	−0.883%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2360	−0.708%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2357	−0.823%	$17K	$44K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2357	−0.850%	$7.0M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2353	−1.010%	$2.4M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2356	−0.883%	$868K	$2.3M	20x	as long as short
Gate 0G_USDTshort	+0.0100%	8h	0.2358	−0.799%	$592K	$188K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2356	−0.883%	$2.1M	$246K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2360	−0.715%	$2.3M	$2.3M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2355	−0.926%	$1.9M	$825K	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	0.2362	−0.631%	$31K	$59K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2378	+0.024%	$15K	$6K	—	as long as short
ApeX Omni 0GUSDTlong	+0.0100%	1h	0.2377	long leg	$17K	$621K	50x
BloFin 0G-USDT	+0.0121%	4h	0.2370	−0.294%	$329K	$10K	50x	as long as short
Hyperliquid 0G	+0.0293%	1h	0.2360	−0.715%	$2.5M	$455K	3x	as long as short
Lighter 0G	+0.0904%	1h	0.2362	−0.631%	$49K	$87K	3x	as long as short