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 0.000%
Price spread now: OKX against Gate+0.073%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.073%, 7d avg +0.011%
Together, before fees+0.017%+$2 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: OKX is 0.062% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OKB_USDT123.330.0100pay 0.0100% / 8h1h 22m$1.5M$610K25x
ShortOKX OKB-USDT-SWAP123.420.0100get 0.0050% / 4h1h 22m$30.0M$40.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.073% → +0.011%
$6.17
Slippage, 4 orders
−$44.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$63.67
Costs to cover
0.698%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago3.65 bp24.3 bp −$24137.2 bp −$1,372doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.81 bp10.6 bp −$1130.1 bp −$301doesn'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−0.0815%1h122.84−0.394%$41K$13K5xas long as short
Injective OKB/USDC PERP−0.0049%1h123.18−0.122%$25$307K5.5xas long as short
BingX OKB-USDT+0.0036%4h123.41+0.065%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h123.40+0.057%$2.6M$973K25xas long as short
OKX OKB-USDT-SWAPshort+0.0100%4h123.42+0.073%$30.0M$40.3M20x
Gate OKB_USDTlong+0.0100%8h123.33long leg$1.5M$610K25x
MEXC OKB_USDT+0.0100%4h123.38+0.041%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h123.39+0.048%$61K$38Kas long as short
HTX OKB-USDT+0.0100%8h123.54+0.170%$67K$274K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h123.36+0.027%$3K100xas long as short