Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h −0.004%

Price spread now: Gate against BloFin+0.299%108s7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$477as 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−$4774.772% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.346%−$35 · spread now +0.299%, 7d avg −0.029%

Together, before fees−0.345%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.328% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 108 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	BloFin 0G-USDT	0.2339	0.0045	pay 0.0022% / 4h	3h 55m	$326K	$9K	50x
Short	Gate 0G_USDT	0.2346	0.0100	get 0.0100% / 8h	7h 55m	$607K	$166K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.299%Rate

Funding earned: $11.63
Price spread: +0.299% → −0.029%: $32.83
Slippage, 4 orders: −$450.25
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$432.78
Costs to cover: 4.772%
Break-even: 267.4 days

Slippage from BloFin: live order book, 15 min ago; Gate: live order book, 16 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 BloFin live order book, 15 min ago	6.44 bp	14.3 bp −$14	29.2 bp −$292	doesn't fit	doesn't fit
Sell Gate live order book, 16 min ago	4.30 bp	295.3 bp −$295	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	−0.0784%	4h	0.2343	+0.171%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2342	+0.141%	$2K	—	100x	as long as short
BloFin 0G-USDTlong	+0.0045%	4h	0.2339	long leg	$326K	$9K	50x
Aster 0GUSDT	+0.0100%	4h	0.2345	+0.255%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2345	+0.255%	$6.9M	$9.1M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2344	+0.214%	$2.3M	$2.4M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2345	+0.257%	$888K	$2.4M	20x	as long as short
Gate 0G_USDTshort	+0.0100%	8h	0.2346	+0.299%	$607K	$166K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2345	+0.257%	$2.1M	$202K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2343	+0.171%	$1.9M	$722K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni 0G	+0.0100%	4h	0.2348	+0.371%	$13K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2348	+0.381%	$18K	$631K	50x	as long as short
KuCoin 0GUSDTM	+0.0178%	4h	0.2347	+0.338%	$2.4M	$2.5M	50x	as long as short
Backpack 0G_USDC_PERP	+0.0241%	1h	0.2349	+0.428%	$37K	$47K	5x	as long as short
Lighter 0G	+0.0328%	1h	0.2352	+0.556%	$45K	$100K	3x	as long as short
Hyperliquid 0G	+0.0420%	1h	0.2347	+0.355%	$2.5M	$503K	3x	as long as short