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+0.0166%/8h= +18.1% APRpaid last 24h +0.087%
Price spread now: GMX against MEXC−0.148%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
Funding pays, the price is against you. GMX is 0.148% cheaper against MEXC than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3.0 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OKB_USDT121.160.0100pay 0.0050% / 4h2h 35m$1.1M$471K25x
ShortGMX OKB/USD [ETH-USDC]120.98L +0.0269% / S −0.0266%get 0.0033% / 1h35m 44s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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
$34.77
Price spread: −0.148% → 0.000%
−$14.75
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
$4.02
Costs to cover
0.160%
Break-even
6.2 days
Slippage unknown: MEXC: live order book, just now; GMX: 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 MEXC live order book, just now0.41 bp4.5 bp −$411.2 bp −$112157.2 bp −$15.7Kdoesn't fit
Sell GMX no order-book sample
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−0.2903%1h120.28−0.727%$49K$39K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+1.667%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h121.19+0.025%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h121.24+0.066%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h121.22+0.050%$29.8M$46.4M20xas long as short
Gate OKB_USDT+0.0100%8h121.02−0.116%$1.5M$643K25xas long as short
MEXC OKB_USDTlong+0.0100%4h121.16long leg$1.1M$471K25x
Variational Omni OKB+0.0100%4h121.14−0.020%$52K$29Kas long as short
HTX OKB-USDT+0.0100%8h121.47+0.256%$66K$326K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0269% / S −0.0266%1h120.98−0.148%$3K100x