Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0854%/8h= −93.5% APRpaid last 24h −0.241%

Price spread now: BingX against Gate−0.043%7-day average +0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$872as in the Funding arb table

Net, price: spread back to 7d avg − costs−$612as in the Price arb table

costs, in and out, $10k−$6006.005% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−2.716%−$272 on $10k

Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.043%, 7d avg +0.073%

Together, before fees−2.556%−$256 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and BingX is 0.116% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2302	0.0100	pay 0.0100% / 8h	4h 42m	$591K	$148K	50x
Short	BingX 0G-USDT	0.2301	−0.0754	pay 0.0377% / 4h	42m 55s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$179.26
Price spread: −0.043% → +0.073%: −$11.65
Slippage, 4 orders: −$575.46
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$791.36
Costs to cover: 6.005%
Break-even: never at this rate

Slippage from Gate: live order book, 13 min ago; BingX: live order book, 8 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, 13 min ago	4.31 bp	264.1 bp −$264	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	6.49 bp	21.6 bp −$22	50.3 bp −$503	333.5 bp −$33.4K	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-USDTshort	−0.0754%	4h	0.2301	−0.043%	—	$6.5M	—
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2299	−0.119%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0065%	4h	0.2308	+0.261%	$328K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2303	+0.063%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2302	0.000%	$6.8M	$8.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2301	−0.043%	$2.3M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2301	−0.043%	$882K	$2.2M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2302	long leg	$591K	$148K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2302	0.000%	$2.0M	$197K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2303	+0.043%	$1.9M	$698K	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	0.2303	+0.043%	$31K	$54K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2299	−0.127%	$12K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2299	−0.130%	$18K	$622K	50x	as long as short
KuCoin 0GUSDTM	+0.0164%	4h	0.2305	+0.122%	$2.4M	$2.4M	50x	as long as short
Hyperliquid 0G	+0.0980%	1h	0.2305	+0.139%	$2.5M	$484K	3x	as long as short
Lighter 0G	+0.1512%	1h	0.2307	+0.217%	$48K	$98K	3x	as long as short