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

OKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.044%
Price spread now: Bybit against BingX+0.049%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.161%+$16 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.049%, 7d avg +0.036%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT122.060.0036pay 0.0018% / 4h4m 16s$2.8M
ShortBybit OKBUSDT122.120.0100get 0.0050% / 4h4m 16s$2.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$13.44
Price spread: +0.049% → +0.036%
$1.31
Slippage, 4 orders
−$64.83
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$71.08
Costs to cover
0.858%
Break-even
44.0 days
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago2.05 bp10.4 bp −$1019.6 bp −$196157.2 bp −$15.7K762.0 bp −$381.0K
Sell Bybit live order book, 3 min ago1.64 bp35.2 bp −$35doesn't fitdoesn't fitdoesn't fit

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 OKBUSDT−0.5514%1h121.34−0.588%$49K$38K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+0.918%$25$304K5.5xas long as short
BingX OKB-USDTlong+0.0036%4h122.06long leg$2.8M
Bybit OKBUSDTshort+0.0100%4h122.12+0.049%$2.5M$1.1M25x
OKX OKB-USDT-SWAP+0.0100%4h122.060.000%$30.2M$45.5M20xas long as short
Gate OKB_USDT+0.0100%8h121.92−0.115%$1.5M$649K25xas long as short
MEXC OKB_USDT+0.0100%4h121.96−0.082%$1.1M$423K25xas long as short
Variational Omni OKB+0.0100%4h122.06+0.003%$54K$29Kas long as short
HTX OKB-USDT+0.0100%8h122.28+0.180%$66K$321K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h121.93−0.107%$3K100xas long as short