Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC−0.085%7-day average +0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$690.687% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.137%+$14 · spread now −0.085%, 7d avg +0.062%

Together, before fees+0.123%+$12 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: OKX is 0.147% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 0G_USDT	0.2366	0.0100	pay 0.0050% / 4h	1h 16m	$2.1M	$251K	50x
Short	OKX 0G-USDT-SWAP	0.2364	0.0100	get 0.0050% / 4h	1h 16m	$858K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → +0.062%: −$14.68
Slippage, 4 orders: −$54.73
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.42
Costs to cover: 0.687%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	2.11 bp	9.1 bp −$9	28.4 bp −$284	171.0 bp −$17.1K	266.6 bp −$133.3K
Sell OKX live order book, 5 min ago	2.11 bp	21.5 bp −$21	342.7 bp −$3,427	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	−0.0496%	4h	0.2365	−0.042%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2366	−0.005%	$2K	—	100x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2366	+0.017%	$17K	$46K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2367	+0.026%	$7.0M	$8.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2364	−0.085%	$2.4M	$2.3M	50x	as long as short
OKX 0G-USDT-SWAPshort	+0.0100%	4h	0.2364	−0.085%	$858K	$2.4M	20x
Gate 0G_USDT	+0.0100%	8h	0.2365	−0.042%	$590K	$196K	50x	as long as short
MEXC 0G_USDTlong	+0.0100%	4h	0.2366	long leg	$2.1M	$251K	50x
KuCoin 0GUSDTM	+0.0100%	4h	0.2367	+0.038%	$2.3M	$2.3M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2368	+0.085%	$2.0M	$803K	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	0.2367	+0.042%	$32K	$60K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2362	−0.165%	$15K	$6K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2367	+0.025%	$17K	$623K	50x	as long as short
BloFin 0G-USDT	+0.0128%	4h	0.2371	+0.211%	$326K	$10K	50x	as long as short
Hyperliquid 0G	+0.0552%	1h	0.2371	+0.203%	$2.5M	$452K	3x	as long as short
Lighter 0G	+0.0760%	1h	0.2371	+0.211%	$49K	$88K	3x	as long as short