Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Gate+0.602%111s7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$729as 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−$7277.269% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.513%−$51 · spread now +0.602%, 7d avg +0.049%

Together, before fees−0.537%−$54 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: ApeX Omni is 0.553% dearer against Gate than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of +0.049%. The two prices were read 111 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	Gate 0G_USDT	0.2344	0.0100	pay 0.0100% / 8h	7h 33m	$597K	$211K	50x
Short	ApeX Omni 0GUSDT	0.2358	0.0100	get 0.0013% / 1h	33m 44s	$18K	$628K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.602%Rate

Funding earned: $0
Price spread: +0.602% → +0.049%: $55.3
Slippage, 4 orders: −$701.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$671.59
Costs to cover: 7.269%
Break-even: never at this rate

Slippage from Gate: live order book, 62 min ago; ApeX Omni: live order book, 64 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 Gate live order book, 62 min ago	4.22 bp	355.2 bp −$355	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 64 min ago	8.41 bp	30.3 bp −$30	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	−0.0380%	4h	0.2340	−0.171%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2356	+0.514%	$2K	—	100x	as long as short
Backpack 0G_USDC_PERP	+0.0086%	1h	0.2355	+0.469%	$34K	$61K	5x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2349	+0.231%	$16K	$49K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2345	+0.054%	$6.9M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2343	−0.043%	$2.4M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2339	−0.213%	$868K	$2.4M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2344	long leg	$597K	$211K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2341	−0.128%	$2.1M	$250K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2347	+0.128%	$2.2M	$2.2M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget 0GUSDT	+0.0100%	4h	0.2340	−0.171%	$1.9M	$802K	50x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2353	+0.367%	$15K	$7K	—	as long as short
ApeX Omni 0GUSDTshort	+0.0100%	1h	0.2358	+0.602%	$18K	$628K	50x
BloFin 0G-USDT	+0.0159%	4h	0.2357	+0.555%	$326K	$10K	50x	as long as short
Hyperliquid 0G	+0.0326%	1h	0.2350	+0.256%	$2.5M	$438K	3x	as long as short
Lighter 0G	+0.0600%	1h	0.2351	+0.299%	$49K	$87K	3x	as long as short