Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.213%

Price spread now: Lighter against OKX+0.171%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.604%+$60 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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Lighter is 0.171% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX 0G-USDT-SWAP	0.2333	0.0100	pay 0.0050% / 4h	1h 48m	$853K	$2.1M	20x
Short	Lighter 0G	0.2337	0.0584	get 0.0073% / 1h	48m 51s	$48K	$86K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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 OKXbpFee LighterbpOrdersPrice spread, now +0.171%Rate

Funding earned: $101.64
Price spread: +0.171% → 0.000%: $17.15
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $108.79
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 min ago; Lighter: 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 OKX live order book, 1 min ago	2.14 bp	24.2 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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	−0.0290%	4h	0.2332	−0.043%	—	$6.5M	—	as long as short
Backpack 0G_USDC_PERP	−0.0260%	1h	0.2333	0.000%	$31K	$53K	5x	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2332	−0.024%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0096%	4h	0.2333	0.000%	$321K	$16K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2332	−0.038%	$16K	$51K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2332	−0.038%	$6.8M	$7.6M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2330	−0.129%	$2.4M	$1.9M	50x	as long as short
OKX 0G-USDT-SWAPlong	+0.0100%	4h	0.2333	long leg	$853K	$2.1M	20x
Gate 0G_USDT	+0.0100%	8h	0.2332	−0.043%	$589K	$212K	50x	as long as short
MEXC 0G_USDT	+0.0100%	4h	0.2332	−0.043%	$2.1M	$205K	50x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin 0GUSDTM	+0.0100%	4h	0.2333	−0.013%	$2.2M	$2.1M	50x	as long as short
Bitget 0GUSDT	+0.0100%	4h	0.2334	+0.043%	$1.9M	$744K	50x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2329	−0.154%	$13K	$12K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2333	+0.004%	$17K	$626K	50x	as long as short
Lighter 0Gshort	+0.0584%	1h	0.2337	+0.171%	$48K	$86K	3x
Hyperliquid 0G	+0.0690%	1h	0.2338	+0.193%	$2.5M	$389K	3x	as long as short