Funding you earn now, next payment 23:00 UTC+0.0149%/8h= +16.4% APRpaid last 24h +0.123%
Price spread now: Gate against Injective+0.114%99s7-day average +0.577% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 3 days (all we have)−0.168%−$17 · spread now +0.114%, 7d avg +0.577%
=Funding pays, the price is against you. Gate is 0.463% cheaper against Injective than usual: you would sell low and buy high (spread +0.114% now, against its 7-day average of +0.577%). If the spread goes back, that is −$46 on $10k: about 10 days of funding at the current rate (+$4 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OKB/USDC PERP | 123.18 | −0.0049 | get 0.0006% / 1h | 23m 25s | $25 | $307K | 5.5x |
| Short | Gate OKB_USDT | 123.32 | 0.0100 | get 0.0100% / 8h | 1h 23m | $1.5M | $610K | 25x |
Injective OKB/USDC PERP
Gate OKB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.38
- Price spread: +0.114% → +0.577%
- −$46.32
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.96
- Costs to cover
- 0.150%
- Break-even
- 13.7 days
Slippage unknown: Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 3.65 bp | 25.2 bp −$25 | 234.6 bp −$2,346 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.0962% | 1h | 122.84 | −0.279% | $41K | $13K | 5x | as long as short |
| Injective OKB/USDC PERPlong | −0.0049% | 1h | 123.18 | long leg | $25 | $307K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 123.36 | +0.146% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 123.40 | +0.179% | $2.6M | $973K | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 123.40 | +0.179% | $30.0M | $40.4M | 20x | as long as short |
| Gate OKB_USDTshort | +0.0100% | 8h | 123.32 | +0.114% | $1.5M | $610K | 25x | |
| MEXC OKB_USDT | +0.0100% | 4h | 123.40 | +0.179% | $1.2M | $462K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.39 | +0.170% | $61K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.46 | +0.227% | $67K | $274K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 123.38 | +0.160% | $3K | — | 100x | as long as short |
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]