Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.129%
Price spread now: Gate against Injective−0.203%7-day average +0.568% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.203%, 7d avg +0.568%
=Funding pays, the price is against you. Gate is 0.771% cheaper against Injective than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of +0.568%). If the spread goes back, that is −$77 on $10k: about 39 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.339% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OKB/USDC PERP | 123.18 | 0.0033 | pay 0.0004% / 1h | 59m 04s | $25 | $304K | 5.5x |
| Short | Gate OKB_USDT | 122.93 | 0.0100 | get 0.0100% / 8h | 5h 59m | $1.5M | $625K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −0.203% → +0.568%
- −$77.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.11
- Costs to cover
- 0.150%
- Break-even
- 46.1 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 4.88 bp | 19.7 bp −$20 | 156.8 bp −$1,568 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.6186% | 1h | 121.62 | −1.264% | $49K | $27K | 5x | as long as short |
| Injective OKB/USDC PERPlong | +0.0033% | 1h | 123.18 | long leg | $25 | $304K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 123.00 | −0.146% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 123.06 | −0.097% | $2.5M | $1.0M | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 122.97 | −0.170% | $30.2M | $45.1M | 20x | as long as short |
| Gate OKB_USDTshort | +0.0100% | 8h | 122.93 | −0.203% | $1.5M | $625K | 25x | |
| MEXC OKB_USDT | +0.0100% | 4h | 122.96 | −0.179% | $1.1M | $432K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.06 | −0.099% | $54K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.23 | +0.041% | $67K | $304K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0270% / S −0.0266% | 1h | 122.86 | −0.259% | $3K | — | 100x | as long as short |
Injective OKB/USDC PERP
Gate OKB_USDT
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]