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

OKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0237%/8h= −25.9% APRnext payment $0.30 per $10,000 · paid last 24h −0.194%
Price spread now: Injective against GMX−0.771%57s7-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 −$7 a day on $10k at the current rate, and Injective is 0.771% cheaper against GMX than usual: you would sell low and buy high (−$77 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]124.14L +0.0270% / S −0.0266%pay 0.0034% / 1h49m 41s$3K100x
ShortInjective OKB/USDC PERP123.180.0033get 0.0004% / 1h49m 41s$25$304K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$49.74
Price spread: −0.771% → 0.000%
−$77.14
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$138.9
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Injective no order-book sample
GMX and 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−0.6002%1h122.41−1.394%$49K$25K5xas long as short
Injective OKB/USDC PERPshort+0.0033%1h123.18−0.771%$25$304K5.5x
BingX OKB-USDT+0.0036%4h124.29+0.123%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h124.42+0.227%$2.6M$974K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h124.28+0.115%$30.4M$46.3M20xas long as short
Gate OKB_USDT+0.0100%8h124.28+0.115%$1.5M$664K25xas long as short
MEXC OKB_USDT+0.0100%4h124.26+0.099%$1.2M$456K25xas long as short
Variational Omni OKB+0.0100%4h124.23+0.075%$55K$39Kas long as short
HTX OKB-USDT+0.0100%8h124.40+0.211%$68K$293K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0270% / S −0.0266%1h124.14long leg$3K100x