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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.019%
Price spread now: HTX against BingX+0.281%7-day average +0.240% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2362.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.281%, 7d avg +0.240%
Together, before fees+0.164%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.042% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.240%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT124.530.0036pay 0.0018% / 4h2h 26m$2.8M
ShortHTX OKB-USDT124.880.0100get 0.0100% / 8h6h 26m$68K$299K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.281% → +0.240%
$4.15
Slippage, 4 orders
−$214.43
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$218.83
Costs to cover
2.364%
Break-even
121.0 days
Slippage from BingX: live order book, 4 min ago; HTX: live order book, 41 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, 4 min ago2.01 bp10.9 bp −$1117.5 bp −$175148.4 bp −$14.8K697.1 bp −$348.6K
Sell HTX live order book, 41 min ago31.74 bp99.4 bp −$99doesn'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−0.5407%1h123.17−1.094%$50K$25K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−1.084%$25$304K5.5xas long as short
BingX OKB-USDTlong+0.0036%4h124.53long leg$2.8M
Bybit OKBUSDT+0.0100%4h124.55+0.016%$2.6M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h124.48−0.040%$30.5M$46.0M20xas long as short
Gate OKB_USDT+0.0100%8h124.46−0.056%$1.5M$670K25xas long as short
MEXC OKB_USDT+0.0100%4h124.44−0.072%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h124.56+0.028%$55K$38Kas long as short
HTX OKB-USDTshort+0.0100%8h124.88+0.281%$68K$299K10x
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h124.45−0.066%$3K100xas long as short