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

OKB

all OKB markets
SwapBacktest
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: Bybit against Gate+0.040%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1561.557% 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+0.084%+$8 · spread now +0.040%, 7d avg +0.074%
Together, before fees+0.225%+$23 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: Bybit is 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate OKB_USDT125.300.0100pay 0.0100% / 8h7h 10m$1.5M$652K25x
ShortBybit OKBUSDT125.350.0100get 0.0050% / 4h3h 10m$2.6M$949K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: +0.040% → +0.074%
−$3.38
Slippage, 4 orders
−$129.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$159.05
Costs to cover
1.557%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago6.38 bp22.6 bp −$23157.5 bp −$1,575doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.99 bp34.3 bp −$34489.2 bp −$4,892doesn'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−0.6330%1h124.00−1.038%$50K$24K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−1.692%$25$306K5.5xas long as short
BingX OKB-USDT+0.0036%4h125.29−0.008%$2.8Mas long as short
Bybit OKBUSDTshort+0.0100%4h125.35+0.040%$2.6M$949K25x
OKX OKB-USDT-SWAP+0.0100%4h125.31+0.008%$30.7M$44.7M20xas long as short
Gate OKB_USDTlong+0.0100%8h125.30long leg$1.5M$652K25x
MEXC OKB_USDT+0.0100%4h125.20−0.080%$1.2M$473K25xas long as short
Variational Omni OKB+0.0100%4h125.35+0.039%$62K$33Kas long as short
HTX OKB-USDT+0.0100%8h125.90+0.479%$68K$287K10xas long as short
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h125.33+0.028%$3K100xas long as short