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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Bybit against Gate+0.130%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1331.334% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.141%+$14 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.130%, 7d avg +0.075%
Together, before fees+0.152%+$15 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: Bybit is 0.055% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OKB_USDT123.290.0100pay 0.0100% / 8h34m 48s$1.5M$599K25x
ShortBybit OKBUSDT123.450.0100get 0.0050% / 4h34m 48s$2.6M$960K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
Price spread: +0.130% → +0.075%
$5.5
Slippage, 4 orders
−$107.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$127.89
Costs to cover
1.334%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 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 Gate live order book, 3 min ago3.65 bp23.5 bp −$24147.9 bp −$1,479doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.21 bp51.5 bp −$51doesn'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−0.7716%1h122.00−1.046%$41K$12K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.089%$25$307K5.5xas long as short
BingX OKB-USDT+0.0036%4h123.40+0.089%$2.8Mas long as short
Bybit OKBUSDTshort+0.0100%4h123.45+0.130%$2.6M$960K25x
OKX OKB-USDT-SWAP+0.0100%4h123.28−0.008%$30.0M$40.9M20xas long as short
Gate OKB_USDTlong+0.0100%8h123.29long leg$1.5M$599K25x
MEXC OKB_USDT+0.0100%4h123.42+0.105%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h123.52+0.183%$61K$33Kas long as short
HTX OKB-USDT+0.0100%8h123.54+0.203%$67K$278K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h123.38+0.072%$3K100xas long as short