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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.091%
Price spread now: GMX against OKX−0.026%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 0.026% cheaper against OKX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OKB-USDT-SWAP122.310.0100pay 0.0050% / 4h24m 55s$30.3M$45.6M20x
ShortGMX OKB/USD [ETH-USDC]122.28L +0.0270% / S −0.0266%get 0.0033% / 1h24m 55s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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: −0.026% → 0.000%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$10.15
Costs to cover
0.220%
Break-even
5.0 days
Slippage unknown: OKX: live order book, 4 min ago; 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 OKX live order book, 4 min ago0.41 bp10.5 bp −$1028.5 bp −$285doesn't fitdoesn'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−0.7160%1h121.61−0.570%$49K$38K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+0.711%$25$304K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.33+0.016%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h122.37+0.049%$2.5M$1.1M25xas long as short
OKX OKB-USDT-SWAPlong+0.0100%4h122.31long leg$30.3M$45.6M20x
Gate OKB_USDT+0.0100%8h122.22−0.074%$1.5M$649K25xas long as short
MEXC OKB_USDT+0.0100%4h122.28−0.025%$1.1M$421K25xas long as short
Variational Omni OKB+0.0100%4h122.32+0.010%$54K$29Kas long as short
HTX OKB-USDT+0.0100%8h122.71+0.327%$66K$318K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0270% / S −0.0266%1h122.28−0.026%$3K100x