Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.129%
Price spread now: Injective against OKX−0.605%7-day average −0.553% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.382%−$38 on $10k
+Price spread, last 3 days (all we have)+0.615%+$62 · spread now −0.605%, 7d avg −0.553%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.052% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.553%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OKB-USDT-SWAP | 123.93 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $30.4M | $46.1M | 20x |
| Short | Injective OKB/USDC PERP | 123.18 | 0.0033 | get 0.0004% / 1h | 48m 53s | $25 | $304K | 5.5x |
OKX OKB-USDT-SWAP
Injective OKB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- −$14
- Price spread: −0.605% → −0.553%
- −$5.21
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$29.23
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.40 bp | 11.0 bp −$11 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.6002% | 1h | 122.20 | −1.396% | $49K | $25K | 5x | as long as short |
| Injective OKB/USDC PERPshort | +0.0033% | 1h | 123.18 | −0.605% | $25 | $304K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 124.07 | +0.113% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 124.14 | +0.169% | $2.6M | $973K | 25x | as long as short |
| OKX OKB-USDT-SWAPlong | +0.0100% | 4h | 123.93 | long leg | $30.4M | $46.1M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 124.11 | +0.145% | $1.5M | $664K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 124.01 | +0.065% | $1.2M | $456K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 124.23 | +0.243% | $55K | $39K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 124.40 | +0.379% | $68K | $293K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0270% / S −0.0266% | 1h | 124.04 | +0.090% | $3K | — | 100x | as long as short |
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]