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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.005%
Price spread now: Injective against BingX+0.687%102s7-day average −0.465% · 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 7 days−0.325%−$33 on $10k
Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.687%, 7d avg −0.465%
Together, before fees−0.876%−$88 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: Injective is 1.152% dearer against BingX than usual: you sell high and buy low, +$115 on $10k if it goes back to its 7-day average of −0.465%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OKB-USDT122.340.0036pay 0.0018% / 4h3h 47m$2.8M
ShortInjective OKB/USDC PERP123.180.0033get 0.0004% / 1h47m 32s$25$302K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$0.56
Price spread: +0.687% → −0.465%
$115.21
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$104.63
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 2 min ago; Injective: no order-book sample. 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 BingX live order book, 2 min ago1.64 bp10.1 bp −$1018.3 bp −$183122.9 bp −$12.3K729.0 bp −$364.5K
Sell Injective no order-book sample
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−0.3673%1h121.31−0.842%$50K$40K5xas long as short
Injective OKB/USDC PERPshort+0.0033%1h123.18+0.687%$25$302K5.5x
BingX OKB-USDTlong+0.0036%4h122.34long leg$2.8M
Bybit OKBUSDT+0.0100%4h122.40+0.049%$2.5M$1.1M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h122.31−0.025%$30.1M$48.1M20xas long as short
Gate OKB_USDT+0.0100%8h122.26−0.065%$1.5M$651K25xas long as short
MEXC OKB_USDT+0.0100%4h122.30−0.033%$1.0M$479K25xas long as short
Variational Omni OKB+0.0100%4h122.24−0.078%$56K$29Kas long as short
HTX OKB-USDT+0.0100%8h122.72+0.311%$66K$331K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h122.31−0.024%$3K100xas long as short