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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.138%
Price spread now: Injective against Variational Omni−0.497%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.497% cheaper against Variational Omni than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OKB123.800.0100pay 0.0050% / 4h3h 41m$61K$33K
ShortInjective OKB/USDC PERP123.180.0033get 0.0004% / 1h41m 14s$25$306K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −0.497% → 0.000%
−$49.74
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$63.76
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Injective no order-book sample
Variational Omni and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OKBUSDT−0.7300%1h122.00−1.451%$41K$22K5xas long as short
Injective OKB/USDC PERPshort+0.0033%1h123.18−0.497%$25$306K5.5x
BingX OKB-USDT+0.0036%4h123.88+0.068%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h123.88+0.068%$2.6M$937K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h123.78−0.013%$30.0M$42.0M20xas long as short
Gate OKB_USDT+0.0100%8h123.77−0.021%$1.5M$598K25xas long as short
MEXC OKB_USDT+0.0100%4h123.77−0.021%$1.2M$466K25xas long as short
Variational Omni OKBlong+0.0100%4h123.80long leg$61K$33K
HTX OKB-USDT+0.0100%8h124.07+0.221%$67K$283K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h123.82+0.017%$3K100xas long as short