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

OKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.027%
Price spread now: Variational Omni against Injective−1.758%91s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 1.758% cheaper against Injective than usual: you would sell low and buy high (spread −1.758% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$176 on $10k: about 3 months of funding at the current rate (+$2 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective OKB/USDC PERP123.180.0033pay 0.0004% / 1h39m 52s$25$302K5.5x
ShortVariational Omni OKB121.020.0100get 0.0050% / 4h2h 39m$54K$27K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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
$14
Price spread: −1.758% → 0.000%
−$175.76
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$161.78
Costs to cover
0.000%
Break-even
87.9 days
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and Variational Omni: 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−0.3115%1h120.10−2.500%$48K$39K5xas long as short
Injective OKB/USDC PERPlong+0.0033%1h123.18long leg$25$302K5.5x
BingX OKB-USDT+0.0036%4h120.82−1.916%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h120.82−1.916%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h120.75−1.973%$29.7M$46.1M20xas long as short
Gate OKB_USDT+0.0100%8h120.71−2.005%$1.5M$643K25xas long as short
MEXC OKB_USDT+0.0100%4h120.80−1.932%$1.1M$471K25xas long as short
Variational Omni OKBshort+0.0100%4h121.02−1.758%$54K$27K
HTX OKB-USDT+0.0100%8h121.08−1.705%$66K$325K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h120.76−1.964%$3K100xas long as short