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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.033%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.035%−$3 · spread now +0.033%, 7d avg −0.002%
Together, before fees−0.035%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OKB_USDT121.140.0100pay 0.0050% / 4h1h 31m$1.1M$473K25x
ShortOKX OKB-USDT-SWAP121.180.0100get 0.0050% / 4h1h 31m$29.9M$47.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: +0.033% → −0.002%
$3.52
Slippage, 4 orders
−$17.26
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.73
Costs to cover
0.313%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 2 min ago.

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, 4 min ago0.41 bp5.4 bp −$511.9 bp −$119120.1 bp −$12.0Kdoesn't fit
Sell OKX live order book, 2 min ago0.41 bp11.1 bp −$1129.9 bp −$299doesn't fitdoesn't fit

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−0.2772%1h120.44−0.579%$49K$39K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+1.684%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h121.20+0.050%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h121.26+0.099%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAPshort+0.0100%4h121.18+0.033%$29.9M$47.3M20x
Gate OKB_USDT+0.0100%8h121.07−0.058%$1.5M$661K25xas long as short
MEXC OKB_USDTlong+0.0100%4h121.14long leg$1.1M$473K25x
Variational Omni OKB+0.0100%4h120.88−0.211%$55K$34Kas long as short
HTX OKB-USDT+0.0100%8h121.19+0.041%$65K$331K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h120.77−0.306%$3K100xas long as short