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+0.0064%/8h= +7.0% APRpaid last 24h +0.019%
Price spread now: HTX against BingX+0.363%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2372.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.363%, 7d avg +0.236%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.127% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.236%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT121.170.0036pay 0.0018% / 4h1h 54m$2.8M
ShortHTX OKB-USDT121.610.0100get 0.0100% / 8h1h 54m$66K$329K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
$13.44
Price spread: +0.363% → +0.236%
$12.71
Slippage, 4 orders
−$214.9
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$210.75
Costs to cover
2.369%
Break-even
116.8 days
Slippage from BingX: live order book, 10 min ago; HTX: live order book, 53 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 BingX live order book, 10 min ago2.06 bp8.8 bp −$915.8 bp −$158123.9 bp −$12.4K719.2 bp −$359.6K
Sell HTX live order book, 53 min ago21.77 bp111.0 bp −$111doesn'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−0.1210%1h120.44−0.607%$49K$39K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+1.659%$25$302K5.5xas long as short
BingX OKB-USDTlong+0.0036%4h121.17long leg$2.8M
Bybit OKBUSDT+0.0100%4h121.24+0.058%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h121.16−0.008%$29.9M$47.4M20xas long as short
Gate OKB_USDT+0.0100%8h121.12−0.041%$1.5M$657K25xas long as short
MEXC OKB_USDT+0.0100%4h121.14−0.025%$1.1M$470K25xas long as short
Variational Omni OKB+0.0100%4h121.17+0.003%$56K$34Kas long as short
HTX OKB-USDTshort+0.0100%8h121.61+0.363%$66K$329K10x
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h121.11−0.050%$3K100xas long as short