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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.014%
Price spread now: BingX against Injective−0.958%87s7-day average +0.552% · 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 7 days+0.325%+$32 on $10k
Price spread, last 4 days (all we have)+0.918%+$92 · spread now −0.958%, 7d avg +0.552%
Together, before fees+1.243%+$124 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 1.510% cheaper against Injective than usual: you would sell low and buy high, −$151 on $10k if it goes back to its 7-day average of +0.552%. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective OKB/USDC PERP123.180.0033pay 0.0004% / 1h25m 54s$25$304K5.5x
ShortBingX OKB-USDT122.000.0036get 0.0018% / 4h3h 25m$2.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$0.56
Price spread: −0.958% → +0.552%
−$151.04
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
−$160.5
Costs to cover
0.100%
Break-even
2013.2 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 9 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 Injective no order-book sample
Sell BingX live order book, 9 min ago2.87 bp11.7 bp −$1223.0 bp −$230145.4 bp −$14.5K788.5 bp −$394.2K
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−0.4233%1h121.31−1.518%$49K$39K5xas long as short
Injective OKB/USDC PERPlong+0.0033%1h123.18long leg$25$304K5.5x
BingX OKB-USDTshort+0.0036%4h122.00−0.958%$2.8M
Bybit OKBUSDT+0.0100%4h122.09−0.885%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h121.95−0.999%$30.2M$45.3M20xas long as short
Gate OKB_USDT+0.0100%8h121.89−1.047%$1.5M$620K25xas long as short
MEXC OKB_USDT+0.0100%4h121.96−0.990%$1.1M$414K25xas long as short
Variational Omni OKB+0.0100%4h122.07−0.899%$54K$27Kas long as short
HTX OKB-USDT+0.0100%8h122.53−0.528%$66K$324K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h121.86−1.073%$3K100xas long as short