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

OKB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.066%
Price spread now: Gate against GMX−0.023%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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.023% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]123.20L +0.0269% / S −0.0266%pay 0.0034% / 1h28m 42s$3K100x
ShortGate OKB_USDT123.170.0100get 0.0100% / 8h28m 42s$1.5M$601K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against GMX. 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
−$35.52
Price spread: −0.023% → 0.000%
−$2.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$64.78
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 4 min ago. 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 GMX no order-book sample
Sell Gate live order book, 4 min ago3.66 bp23.5 bp −$23206.8 bp −$2,068doesn't fitdoesn't fit
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−0.8908%1h122.00−0.972%$41K$12K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.014%$25$307K5.5xas long as short
BingX OKB-USDT+0.0036%4h123.17−0.023%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h123.24+0.034%$2.6M$963K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h123.12−0.063%$29.9M$41.0M20xas long as short
Gate OKB_USDTshort+0.0100%8h123.17−0.023%$1.5M$601K25x
MEXC OKB_USDT+0.0100%4h123.14−0.047%$1.2M$462K25xas long as short
Variational Omni OKB+0.0100%4h123.26+0.051%$61K$33Kas long as short
HTX OKB-USDT+0.0100%8h123.61+0.335%$67K$278K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0269% / S −0.0266%1h123.20long leg$3K100x