OKB

Alert

Funding spread now, next payment 15:00 UTC+0.0587%/8h

paid, last 24h+0.083%paid, last 3 days−0.101%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.101% in total (about -13.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit OKBUSDT	123.51	0.0221	pay 0.0110% / 4h	1h 33m	$2.7M	$903K	25x
Short	GMX OKB/USD [ETH-USDC]	123.27	L +0.0493% / S −0.0808%	get 0.0101% / 1h	33m 22s	$4K	—	100x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GMXbpOrdersRate

Funding earned: $123.37
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GMX: 6 bp × 2 orders: −$12
Net: $100.37
Break-even: 1.3 days

Slippage unknown: Bybit: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.198%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 5 min ago	1.62 bp	27.0 bp −$27	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster OKBUSDT	−0.0321%	1h	$32K	$5K	5x	as long as short
BingX OKB-USDT	+0.0036%	4h	—	$2.8M	—	as long as short
OKX OKB-USDT-SWAP	+0.0100%	4h	$30.0M	$32.7M	20x	as long as short
Gate OKB_USDT	+0.0100%	8h	$1.5M	$665K	25x	as long as short
MEXC OKB_USDT	+0.0100%	4h	$584K	$343K	25x	as long as short
HTX OKB-USDT	+0.0100%	8h	$67K	$249K	10x	as long as short
Injective OKB/USDC PERP	+0.0159%	1h	$25	$59K	5.5x	as long as short
Bybit OKBUSDTlong	+0.0221%	4h	$2.7M	$903K	25x
Variational Omni OKB	+0.0331%	4h	$62K	$54K	—	as long as short
GMX OKB/USD [ETH-USDC]short	L +0.0493% / S −0.0808%	1h	$4K	—	100x