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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.110%
Price spread now: Injective against BingX−0.893%72s7-day average −0.595% · 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 7 days−0.319%−$32 on $10k
Price spread, last 3 days (all we have)+0.919%+$92 · spread now −0.893%, 7d avg −0.595%
Together, before fees+0.600%+$60 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.298% cheaper against BingX than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.595%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT124.290.0036pay 0.0018% / 4h2h 30m$2.8M
ShortInjective OKB/USDC PERP123.180.0033get 0.0004% / 1h30m 13s$25$304K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$0.56
Price spread: −0.893% → −0.595%
−$29.83
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$40.41
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Injective: 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, 10 min ago1.21 bp10.0 bp −$1019.6 bp −$196173.3 bp −$17.3K780.1 bp −$390.1K
Sell Injective no order-book sample
Injective: 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−0.4881%1h122.97−1.062%$49K$25K5xas long as short
Injective OKB/USDC PERPshort+0.0033%1h123.18−0.893%$25$304K5.5x
BingX OKB-USDTlong+0.0036%4h124.29long leg$2.8M
Bybit OKBUSDT+0.0100%4h124.28−0.008%$2.6M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h124.23−0.048%$30.4M$45.8M20xas long as short
Gate OKB_USDT+0.0100%8h124.22−0.056%$1.5M$670K25xas long as short
MEXC OKB_USDT+0.0100%4h124.22−0.056%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h124.17−0.100%$55K$39Kas long as short
HTX OKB-USDT+0.0100%8h124.57+0.225%$69K$296K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h124.08−0.173%$3K100xas long as short