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Funding arb · Price arb /

OKB

all OKB markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 09:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.068%
Price spread now: OKX against GMX+0.103%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on GMXShort on OKX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.103% dearer against GMX than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]122.11L +0.0270% / S −0.0266%pay 0.0034% / 1h49m 44s$3K—100x
ShortOKX OKB-USDT-SWAP122.240.0100get 0.0050% / 4h3h 49m$30.1M$48.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$35.61
Price spread: +0.103% → 0.000%
$10.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$47.35
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; OKX: 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 OKX live order book, 4 min ago0.41 bp9.3 bp −$927.3 bp −$273doesn'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−0.3504%1h121.24−0.716%$50K$40K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+0.872%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.29+0.144%—$2.8M—as long as short
Bybit OKBUSDT+0.0100%4h122.30+0.152%$2.5M$1.1M25xas long as short
OKX OKB-USDT-SWAPshort+0.0100%4h122.24+0.103%$30.1M$48.1M20x
Gate OKB_USDT+0.0100%8h122.17+0.045%$1.5M$651K25xas long as short
MEXC OKB_USDT+0.0100%4h122.26+0.119%$1.0M$478K25xas long as short
Variational Omni OKB+0.0100%4h122.24+0.107%$56K$29K—as long as short
HTX OKB-USDT+0.0100%8h122.42+0.250%$66K$331K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0270% / S −0.0266%1h122.11long leg$3K—100x