0G

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0500%/8h= −54.7% APRnext payment −$0.62 per $10,000 · paid last 24h −0.182%

Price spread now: Backpack against Lighter−0.217%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.409%−$41 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Backpack is 0.217% cheaper against Lighter than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 0G	0.2304	0.0600	pay 0.0075% / 1h	10m 00s	$48K	$83K	3x
Short	Backpack 0G_USDC_PERP	0.2299	0.0100	get 0.0013% / 1h	10m 00s	$32K	$48K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Lighter. 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 LighterbpFee BackpackbpOrdersPrice spread, now −0.217%Rate

Funding earned: −$105
Price spread: −0.217% → 0.000%: −$21.7
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$136.7
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Backpack: no order-book sample. Net counts fees only.

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 Lighter no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Lighter and Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

0G on 16 exchanges

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	−0.0390%	4h	0.2298	−0.260%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2298	−0.251%	$2K	—	100x	as long as short
Hyperliquid 0G	+0.0100%	1h	0.2302	−0.074%	$2.4M	$447K	3x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2300	−0.174%	$16K	$52K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2300	−0.163%	$6.6M	$7.8M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2297	−0.304%	$2.6M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2300	−0.174%	$845K	$2.1M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2298	−0.260%	$577K	$245K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2299	−0.217%	$2.0M	$220K	50x	as long as short
KuCoin 0GUSDTM	+0.0100%	4h	0.2299	−0.200%	$2.1M	$2.1M	50x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget 0GUSDT	+0.0100%	4h	0.2301	−0.130%	$1.9M	$797K	50x	as long as short
Backpack 0G_USDC_PERPshort	+0.0100%	1h	0.2299	−0.217%	$32K	$48K	5x
Variational Omni 0G	+0.0100%	4h	0.2295	−0.375%	$12K	$13K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2301	−0.135%	$17K	$627K	50x	as long as short
BloFin 0G-USDT	+0.0138%	4h	0.2297	−0.304%	$310K	$16K	50x	as long as short
Lighter 0Glong	+0.0600%	1h	0.2304	long leg	$48K	$83K	3x