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

OKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0230%/8h= +25.1% APRpaid last 24h +0.113%
Price spread now: GMX against BingX−0.073%7-day average · you buy dearer than you sell
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 feesneeds both histories
Funding pays, the price is against you. GMX is 0.073% cheaper against BingX than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 25 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT124.510.0036pay 0.0018% / 4h2h 28m$2.8M
ShortGMX OKB/USD [ETH-USDC]124.42L +0.0270% / S −0.0266%get 0.0033% / 1h28m 27s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$48.21
Price spread: −0.073% → 0.000%
−$7.27
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$18.94
Costs to cover
0.220%
Break-even
4.3 days
Slippage unknown: BingX: live order book, 1 min ago; 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 BingX live order book, 1 min ago2.01 bp10.9 bp −$1117.5 bp −$175148.4 bp −$14.8K697.1 bp −$348.6K
Sell GMX no order-book sample
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 OKBUSDT−0.5140%1h123.28−0.989%$50K$25K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−1.068%$25$304K5.5xas long as short
BingX OKB-USDTlong+0.0036%4h124.51long leg$2.8M
Bybit OKBUSDT+0.0100%4h124.55+0.032%$2.6M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h124.53+0.016%$30.5M$46.1M20xas long as short
Gate OKB_USDT+0.0100%8h124.41−0.080%$1.5M$670K25xas long as short
MEXC OKB_USDT+0.0100%4h124.45−0.048%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h124.17−0.276%$55K$39Kas long as short
HTX OKB-USDT+0.0100%8h124.52+0.008%$69K$296K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0270% / S −0.0266%1h124.42−0.073%$3K100x