Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Gate−0.043%7-day average +0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$502as in the Funding arb table

Net, price: spread back to 7d avg − costs−$511as in the Price arb table

costs, in and out, $10k−$4994.986% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.043%, 7d avg +0.076%

Together, before fees+0.171%+$17 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: Bybit is 0.119% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 0G_USDT	0.2339	0.0100	pay 0.0100% / 8h	7h 58m	$603K	$165K	50x
Short	Bybit 0GUSDT	0.2338	0.0100	get 0.0050% / 4h	3h 58m	$2.3M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → +0.076%: −$11.88
Slippage, 4 orders: −$472.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$510.52
Costs to cover: 4.986%
Break-even: never at this rate

Slippage from Gate: live order book, 13 min ago; Bybit: 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	4.30 bp	149.5 bp −$150	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 8 min ago	6.43 bp	22.3 bp −$22	182.4 bp −$1,824	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	−0.0760%	4h	0.2339	0.000%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2338	−0.064%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2339	−0.004%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2339	0.000%	$6.9M	$9.1M	50x	as long as short
Bybit 0GUSDTshort	+0.0100%	4h	0.2338	−0.043%	$2.3M	$2.3M	50x
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2339	0.000%	$888K	$2.4M	20x	as long as short
Gate 0G_USDTlong	+0.0100%	8h	0.2339	long leg	$603K	$165K	50x
MEXC 0G_USDT	+0.0100%	4h	0.2339	0.000%	$2.1M	$202K	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2339	0.000%	$1.9M	$723K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2341	+0.086%	$37K	$47K	5x	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	0.2340	+0.051%	$13K	$10K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2341	+0.086%	$18K	$631K	50x	as long as short
BloFin 0G-USDT	+0.0136%	4h	0.2344	+0.214%	$326K	$9K	50x	as long as short
Hyperliquid 0G	+0.0138%	1h	0.2342	+0.128%	$2.5M	$500K	3x	as long as short
KuCoin 0GUSDTM	+0.0170%	4h	0.2341	+0.103%	$2.4M	$2.5M	50x	as long as short
Lighter 0G	+0.0368%	1h	0.2344	+0.214%	$45K	$100K	3x	as long as short