0G

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.124%

Price spread now: GMX against Backpack−0.320%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.320% cheaper against Backpack than usual: you would sell low and buy high (−$32 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	Backpack 0G_USDC_PERP	0.2349	0.0100	pay 0.0013% / 1h	6m 18s	$35K	$48K	5x
Short	GMX 0G/USD [WBTC.b-USDC]	0.2341	L −0.0235% / S +0.0198%	pay 0.0025% / 1h	6m 18s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Backpack. 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 BackpackbpFee GMXbpOrdersPrice spread, now −0.320%Rate

Funding earned: −$62.61
Price spread: −0.320% → 0.000%: −$32.01
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$116.62
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: no order-book sample; 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 Backpack no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Backpack and 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	−0.1604%	4h	0.2343	−0.255%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]short	L −0.0235% / S +0.0198%	1h	0.2341	−0.320%	$2K	—	100x
Aster 0GUSDT	+0.0100%	4h	0.2346	−0.107%	$20K	$30K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2344	−0.227%	$6.9M	$9.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2344	−0.213%	$2.3M	$2.4M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2345	−0.170%	$898K	$2.4M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2345	−0.170%	$606K	$172K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2342	−0.298%	$2.1M	$205K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2348	−0.034%	$2.5M	$2.5M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2346	−0.128%	$1.9M	$746K	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_PERPlong	+0.0100%	1h	0.2349	long leg	$35K	$48K	5x
Variational Omni 0G	+0.0100%	4h	0.2351	+0.069%	$13K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2352	+0.149%	$18K	$630K	50x	as long as short
BloFin 0G-USDT	+0.0154%	4h	0.2351	+0.085%	$329K	$9K	50x	as long as short
Lighter 0G	+0.0464%	1h	0.2352	+0.128%	$45K	$100K	3x	as long as short
Hyperliquid 0G	+0.0906%	1h	0.2349	−0.004%	$2.5M	$513K	3x	as long as short