Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against MEXC−0.043%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$770.773% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.043%, 7d avg +0.038%

Together, before fees+0.079%+$8 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: Bitget is 0.081% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 0G_USDT	0.2324	0.0100	pay 0.0050% / 4h	26m 02s	$2.1M	$204K	50x
Short	Bitget 0GUSDT	0.2323	0.0100	get 0.0050% / 4h	26m 02s	$1.9M	$713K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → +0.038%: −$8.11
Slippage, 4 orders: −$61.34
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$85.44
Costs to cover: 0.773%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 1 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 MEXC live order book, 1 min ago	2.15 bp	9.3 bp −$9	32.0 bp −$320	174.6 bp −$17.5K	242.0 bp −$121.0K
Sell Bitget live order book, 1 min ago	2.15 bp	30.6 bp −$31	81.5 bp −$815	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	−0.0664%	4h	0.2324	0.000%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2323	−0.042%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2327	+0.118%	$23K	$22K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2323	−0.043%	$6.8M	$9.1M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2322	−0.086%	$2.3M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAP	+0.0100%	4h	0.2324	0.000%	$885K	$2.4M	20x	as long as short
Gate 0G_USDT	+0.0100%	8h	0.2325	+0.043%	$600K	$172K	50x	as long as short
MEXC 0G_USDTlong	+0.0100%	4h	0.2324	long leg	$2.1M	$204K	50x
Bitget 0GUSDTshort	+0.0100%	4h	0.2323	−0.043%	$1.9M	$713K	50x
Variational Omni 0G	+0.0100%	4h	0.2326	+0.075%	$13K	$10K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni 0GUSDT	+0.0100%	1h	0.2319	−0.228%	$18K	$630K	50x	as long as short
BloFin 0G-USDT	+0.0110%	4h	0.2335	+0.473%	$330K	$9K	50x	as long as short
KuCoin 0GUSDTM	+0.0140%	4h	0.2326	+0.108%	$2.4M	$2.6M	50x	as long as short
Backpack 0G_USDC_PERP	+0.0206%	1h	0.2324	0.000%	$38K	$47K	5x	as long as short
Hyperliquid 0G	+0.0587%	1h	0.2328	+0.159%	$2.5M	$504K	3x	as long as short
Lighter 0G	+0.0624%	1h	0.2328	+0.172%	$44K	$100K	3x	as long as short