Settings8H · net · $10k
Funding arb · Price arb /

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.4349%/8h= +476.2% APRnext payment +$5.44 per $10,000 · paid last 24h +0.721%
Price spread now: GMX against Aster+0.475%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$130 a day on $10k at the current rate, and GMX is 0.475% dearer against Aster than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster OKBUSDT121.33−0.4083get 0.0510% / 1h32m 25s$49K$39K5x
ShortGMX OKB/USD [ETH-USDC]121.91L +0.0269% / S −0.0266%get 0.0033% / 1h32m 25s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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

Funding earned
$913.24
Price spread: +0.475% → 0.000%
$47.49
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$940.73
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell GMX no order-book sample
Aster and GMX: 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.

OKB on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OKBUSDTlong−0.4083%1h121.33long leg$49K$39K5x
Injective OKB/USDC PERP+0.0033%1h123.18+1.522%$25$304K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.03+0.574%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h122.08+0.615%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h122.03+0.574%$30.2M$45.3M20xas long as short
Gate OKB_USDT+0.0100%8h121.90+0.467%$1.5M$620K25xas long as short
MEXC OKB_USDT+0.0100%4h121.99+0.541%$1.1M$413K25xas long as short
Variational Omni OKB+0.0100%4h122.08+0.614%$54K$27Kas long as short
HTX OKB-USDT+0.0100%8h122.39+0.871%$66K$325K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0269% / S −0.0266%1h121.91+0.475%$3K100x