Funding arb · Price arb /

0G

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX0.000%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on OKX Short on MEXC

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−0.026%−$3 · spread now 0.000%, 7d avg −0.062%

Together, before fees−0.011%−$1 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: MEXC is 0.062% dearer against OKX than usual: you sell high and buy low, +$6 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	OKX 0G-USDT-SWAP	0.2305	0.0100	pay 0.0050% / 4h	39m 48s	$883K	$2.2M	20x
Short	MEXC 0G_USDT	0.2305	0.0100	get 0.0050% / 4h	39m 48s	$2.0M	$198K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.062%: $6.16
Slippage, 4 orders: −$52.37
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$60.21
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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 OKX live order book, 2 min ago	4.34 bp	25.8 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.17 bp	6.4 bp −$6	29.0 bp −$290	163.8 bp −$16.4K	225.4 bp −$112.7K

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	−0.0768%	4h	0.2306	+0.043%	—	$6.5M	—	as long as short
GMX 0G/USD [WBTC.b-USDC]	L −0.0235% / S +0.0198%	1h	0.2303	−0.068%	$2K	—	100x	as long as short
BloFin 0G-USDT	+0.0052%	4h	0.2302	−0.130%	$325K	$9K	50x	as long as short
Aster 0GUSDT	+0.0100%	4h	0.2307	+0.076%	$16K	$43K	5x	as long as short
Binance 0GUSDT	+0.0100%	4h	0.2304	−0.043%	$6.8M	$8.2M	50x	as long as short
Bybit 0GUSDT	+0.0100%	4h	0.2303	−0.087%	$2.3M	$2.2M	50x	as long as short
OKX 0G-USDT-SWAPlong	+0.0100%	4h	0.2305	long leg	$883K	$2.2M	20x
Gate 0G_USDT	+0.0100%	8h	0.2303	−0.087%	$591K	$148K	50x	as long as short
MEXC 0G_USDTshort	+0.0100%	4h	0.2305	0.000%	$2.0M	$198K	50x
Bitget 0GUSDT	+0.0100%	4h	0.2304	−0.043%	$1.9M	$696K	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	0.2307	+0.087%	$31K	$54K	5x	as long as short
Variational Omni 0G	+0.0100%	4h	0.2299	−0.257%	$12K	$3K	—	as long as short
ApeX Omni 0GUSDT	+0.0100%	1h	0.2299	−0.260%	$18K	$622K	50x	as long as short
KuCoin 0GUSDTM	+0.0166%	4h	0.2308	+0.117%	$2.4M	$2.4M	50x	as long as short
Hyperliquid 0G	+0.0937%	1h	0.2309	+0.195%	$2.5M	$480K	3x	as long as short
Lighter 0G	+0.1512%	1h	0.2310	+0.217%	$48K	$98K	3x	as long as short