Funding arb · Price arb /

0G

all 0G markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: ApeX Omni against KuCoin+0.404%67s7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as 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−$1201.205% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.404%, 7d avg −0.035%

Together, before fees−0.447%−$45 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 0.439% dearer against KuCoin than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 67 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	KuCoin 0GUSDTM	0.2352	0.0100	pay 0.0050% / 4h	1h 52m	$2.3M	$2.3M	50x
Short	ApeX Omni 0GUSDT	0.2362	0.0100	get 0.0013% / 1h	52m 12s	$17K	$620K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now +0.404%Rate

Funding earned: $0
Price spread: +0.404% → −0.035%: $43.91
Slippage, 4 orders: −$98.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$76.54
Costs to cover: 1.205%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 56 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 KuCoin live order book, 4 min ago	3.61 bp	34.8 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 56 min ago	10.69 bp	27.3 bp −$27	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	−0.0598%	4h	0.2353	+0.021%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2352	−0.008%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0082%	4h	0.2351	−0.064%	$329K	$10K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2353	+0.034%	$17K	$45K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2355	+0.095%	$7.0M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2353	+0.021%	$2.4M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2355	+0.106%	$867K	$2.3M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2352	−0.021%	$590K	$190K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2354	+0.064%	$2.1M	$246K	50x	as long as short
KuCoin 0GUSDTMlong	+0.0100%	4h	0.2352	long leg	$2.3M	$2.3M	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget 0GUSDT	+0.0100%	4h	0.2355	+0.106%	$1.9M	$824K	50x	as long as short
Backpack 0G_USDC_PERP	+0.0100%	1h	0.2351	−0.064%	$31K	$59K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2354	+0.046%	$15K	$6K	—	as long as short
ApeX Omni 0GUSDTshort	+0.0100%	1h	0.2362	+0.404%	$17K	$620K	50x
Hyperliquid 0G	+0.0436%	1h	0.2359	+0.264%	$2.5M	$452K	3x	as long as short
Lighter 0G	+0.0840%	1h	0.2359	+0.276%	$49K	$87K	3x	as long as short