Spread before costs (cost unknown: a leg has no order-book sample)+0.130%
7d average—if it closes, per $10,000$13funding while held, a day+$18.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack 0G_USDC_PERP | 0.2302 | 0.0100 | pay 0.0013% / 1h | 6m 35s | $35K | $50K | 5x |
| Short | Lighter 0G | 0.2305 | 0.0712 | get 0.0089% / 1h | 6m 35s | $44K | $101K | 3x |
Backpack 0G_USDC_PERP
Lighter 0GPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.03
- Funding while held
- $18.36
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $21.39
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: no order-book sample; Lighter: live order book, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0612%
- Per $10,000 a day
- +$18.36
- Average in range /8h
- —
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 Lighter live order book, 51 min ago | 4.32 bp | 10.3 bp −$10 | 109.0 bp −$1,090 | doesn't fit | doesn't fit |
Backpack: 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2300cheapestVariational Omni0.2300+0.010%ApeX Omni0.2301+0.043%GMX0.2301+0.047%
Gate
Variational Omni
ApeX Omni
GMXBackpack0.2302+0.087%
BloFin0.2302+0.087%Bybit0.2303+0.130%KuCoin0.2303+0.143%MEXC0.2304+0.174%Aster0.2305+0.205%
BloFin
Bybit
KuCoin
MEXC
AsterLighter0.2305+0.217%
Binance0.2305+0.217%BingX0.2305+0.217%Bitget0.2306+0.261%OKX0.2307+0.304%Hyperliquid0.2309+0.388%
Binance
BingX
Bitget
OKX
Hyperliquid0G on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate 0G_USDT | −0.087% | +0.0100% | 8h | $590K | $214K | 50x | as long as short |
| Variational Omni 0G | −0.077% | +0.0100% | 4h | $12K | $15K | — | as long as short |
| ApeX Omni 0GUSDT | −0.043% | +0.0100% | 1h | $18K | $631K | 50x | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | −0.040% | L −0.0235% / S +0.0198% | 1h | $2K | — | 100x | as long as short |
| Backpack 0G_USDC_PERPlong | 0.000% | +0.0100% | 1h | $35K | $50K | 5x | |
| BloFin 0G-USDT | 0.000% | +0.0124% | 4h | $346K | $7K | 50x | as long as short |
| Bybit 0GUSDT | +0.043% | +0.0100% | 4h | $2.3M | $2.4M | 50x | as long as short |
| KuCoin 0GUSDTM | +0.056% | +0.0210% | 4h | $2.4M | $2.7M | 50x | as long as short |
| MEXC 0G_USDT | +0.087% | +0.0100% | 4h | $2.0M | $203K | 50x | as long as short |
| Aster 0GUSDT | +0.118% | +0.0100% | 4h | $23K | $24K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter 0Gshort | +0.130% | +0.0712% | 1h | $44K | $101K | 3x | |
| Binance 0GUSDT | +0.130% | +0.0100% | 4h | $6.8M | $9.0M | 50x | as long as short |
| BingX 0G-USDT | +0.130% | −0.0488% | 4h | — | $6.5M | — | as long as short |
| Bitget 0GUSDT | +0.174% | +0.0100% | 4h | $1.8M | $807K | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.217% | +0.0100% | 4h | $873K | $2.2M | 20x | as long as short |
| Hyperliquid 0G | +0.301% | +0.0747% | 1h | $2.5M | $517K | 3x | as long as short |