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

OKB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Gate against Bybit−0.115%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.115%, 7d avg −0.072%
Together, before fees−0.123%−$12 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: Gate is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OKBUSDT122.150.0100pay 0.0050% / 4h41m 15s$2.5M$1.1M25x
ShortGate OKB_USDT122.010.0100get 0.0100% / 8h4h 41m$1.5M$639K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
Price spread: −0.115% → −0.072%
−$4.29
Slippage, 4 orders
−$81.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$111.91
Costs to cover
1.076%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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 Bybit live order book, 1 min ago3.28 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.69 bp20.5 bp −$21162.1 bp −$1,621doesn'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−0.7869%1h121.00−0.941%$49K$33K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+0.843%$25$304K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.10−0.041%$2.8Mas long as short
Bybit OKBUSDTlong+0.0100%4h122.15long leg$2.5M$1.1M25x
OKX OKB-USDT-SWAP+0.0100%4h122.150.000%$30.1M$45.4M20xas long as short
Gate OKB_USDTshort+0.0100%8h122.01−0.115%$1.5M$639K25x
MEXC OKB_USDT+0.0100%4h122.09−0.049%$1.1M$419K25xas long as short
Variational Omni OKB+0.0100%4h122.13−0.014%$54K$29Kas long as short
HTX OKB-USDT+0.0100%8h122.39+0.196%$66K$316K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0269% / S −0.0266%1h121.99−0.131%$3K100xas long as short