0G Funding Rate — live across 11 venues

Compared across 11 supported venues · net of estimated fees · updated every few minutes

Live annualized 0G perpetual funding across all 11 venues Perpia tracks. Right now 0G funding is positive on 10 and negative on 1, ranging from +10.9% on MEXC to -30.6% on BackPack — a spread of 41.6%. The widest delta-neutral trade is long BackPack / short MEXC at 36.3% net APR.

venues

paying positive

41.6%

funding spread

Best 0G spread now

36.3%

net APR after fees

Long BackPack→Short MEXC

size depends on live venue depth — see the real cap in the scanner

0G funding trend & liquidity

168h of history

41.6%

current gross APR

76.3%

24h average

-4.6%

7-day average

$32K

pair OI · lower leg

$80K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

0G funding rate history

30d · 6h buckets · 12 venues

211%0-494.1%

6 Aug5 Sep

0G — average across 12 venuesAsterBackPackHyperliquidBinance

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: -16.8%. A break in a line means no data was recorded for that stretch, not a zero rate.

0G funding rate by venue

10 pairs scanned

Venue	Funding APR	Interval
MEXC ↗	+10.9%	4h
Binance ↗	+10.9%	4h
Gate.io ↗	+10.9%	8h
OKX ↗	+10.9%	4h
KuCoin ↗	+10.9%	4h
Bybit ↗	+10.9%	4h
Aster ↗	+10.9%	1h
BingX ↗	+10.9%	4h
Bitget ↗	+10.9%	4h
Hyperliquid ↗	+10.9%	1h
BackPack ↗	-30.6%	1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the BackPack vs MEXC page.

0G arbitrage — 30-day backtest

long BackPack · short MEXC

17.4%

backtested APR

+$143

historical net P&L on $10,000

0.70%

max drawdown

$10,000$10,143

30 days agostarting capital $10,000today

Over the last 30 days, holding long BackPack / short MEXC would have produced 17.4% APR — versus the 36.3% the live spread implies right now (equity $10,000 → $10,143). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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0G funding — FAQ

Is 0G funding positive right now?

0G perpetual funding is positive on 10 of 11 venues Perpia tracks and negative on 1. The highest is +10.9% on MEXC; the lowest is -30.6% on BackPack.

What is the best 0G funding arbitrage right now?

Go long BackPack and short MEXC for about 36.3% net APR after fees — the widest delta-neutral 0G spread Perpia currently sees.

Which exchange has the highest 0G funding rate?

MEXC, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How 0G funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to 0G

Markets also quoted on both BackPack and MEXC — the same two exchanges you would already have funded for the 0G trade.

See every spread between them on the BackPack vs MEXC page.

Open the live scanner →All funding rates Funding by exchange How we calculate this