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

OKB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Gate+0.317%7-day average +0.268% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2612.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.317%, 7d avg +0.268%
Together, before fees+0.124%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.050% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.268%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OKB_USDT122.930.0083pay 0.0083% / 8h7h 50m$1.5M$593K25x
ShortHTX OKB-USDT123.320.0100get 0.0100% / 8h7h 50m$67K$283K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$3.57
Price spread: +0.317% → +0.268%
$4.96
Slippage, 4 orders
−$234.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$252.61
Costs to cover
2.611%
Break-even
502.3 days
Slippage from Gate: live order book, 2 min ago; HTX: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago2.85 bp17.5 bp −$17157.5 bp −$1,575doesn't fitdoesn't fit
Sell HTX live order book, 21 min ago24.46 bp115.0 bp −$115doesn't fitdoesn't fitdoesn't fit

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−0.7849%1h122.00−0.757%$41K$14K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+0.203%$25$306K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.95+0.016%$2.8Mas long as short
Gate OKB_USDTlong+0.0083%8h122.93long leg$1.5M$593K25x
Bybit OKBUSDT+0.0100%4h122.95+0.016%$2.6M$976K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h122.88−0.041%$29.7M$41.7M20xas long as short
MEXC OKB_USDT+0.0100%4h122.90−0.024%$1.2M$465K25xas long as short
Variational Omni OKB+0.0100%4h122.93−0.003%$61K$33Kas long as short
HTX OKB-USDTshort+0.0100%8h123.32+0.317%$67K$283K10x
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h122.87−0.047%$3K100xas long as short