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−0.0234%/8h= −25.6% APRpaid last 24h −0.085%
Price spread now: BingX against GMX+0.065%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. BingX is 0.065% dearer against GMX than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]124.33L +0.0270% / S −0.0266%pay 0.0034% / 1h27m 08s$3K100x
ShortBingX OKB-USDT124.410.0036get 0.0018% / 4h3h 27m$2.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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
−$49.09
Price spread: +0.065% → 0.000%
$6.47
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.62
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 8 min ago. 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 GMX no order-book sample
Sell BingX live order book, 8 min ago2.82 bp8.9 bp −$918.5 bp −$185154.7 bp −$15.5K825.8 bp −$412.9K
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−0.5587%1h122.40−1.555%$49K$22K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.925%$25$306K5.5xas long as short
BingX OKB-USDTshort+0.0036%4h124.41+0.065%$2.8M
Bybit OKBUSDT+0.0100%4h124.51+0.145%$2.6M$910K25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h124.330.000%$30.2M$42.2M20xas long as short
Gate OKB_USDT+0.0100%8h124.36+0.025%$1.5M$600K25xas long as short
MEXC OKB_USDT+0.0100%4h124.32−0.008%$1.2M$468K25xas long as short
Variational Omni OKB+0.0100%4h124.06−0.220%$61K$33Kas long as short
HTX OKB-USDT+0.0100%8h124.79+0.370%$68K$283K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0270% / S −0.0266%1h124.33long leg$3K100x