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

OKB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.083%
Price spread now: GMX against Variational Omni−0.145%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.145% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.145% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.9 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OKB123.260.0100pay 0.0050% / 4h27m 15s$61K$33K
ShortGMX OKB/USD [ETH-USDC]123.08L +0.0269% / S −0.0266%get 0.0033% / 1h27m 15s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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: −0.145% → 0.000%
−$14.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$8.28
Costs to cover
0.120%
Break-even
5.3 days
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell GMX no order-book sample
Variational Omni and 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−0.8908%1h122.00−1.023%$41K$12K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.066%$25$307K5.5xas long as short
BingX OKB-USDT+0.0036%4h123.13−0.106%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h123.20−0.049%$2.6M$962K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h123.09−0.139%$29.9M$41.0M20xas long as short
Gate OKB_USDT+0.0100%8h122.99−0.220%$1.5M$601K25xas long as short
MEXC OKB_USDT+0.0100%4h123.10−0.130%$1.2M$462K25xas long as short
Variational Omni OKBlong+0.0100%4h123.26long leg$61K$33K
HTX OKB-USDT+0.0100%8h123.44+0.145%$67K$278K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0269% / S −0.0266%1h123.08−0.145%$3K100x