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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.061%
Price spread now: OKX against GMX+0.148%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.148% dearer against GMX than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]121.22L +0.0269% / S −0.0266%pay 0.0034% / 1h20m 36s$3K100x
ShortOKX OKB-USDT-SWAP121.400.0100get 0.0050% / 4h1h 20m$29.9M$47.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against GMX. 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
−$35.49
Price spread: +0.148% → 0.000%
$14.77
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$42.72
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell OKX live order book, 3 min ago0.41 bp12.0 bp −$1232.3 bp −$323doesn't fitdoesn't fit
GMX: 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−0.2831%1h120.47−0.617%$49K$39K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+1.616%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h121.43+0.172%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h121.45+0.189%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAPshort+0.0100%4h121.40+0.148%$29.9M$47.4M20x
Gate OKB_USDT+0.0100%8h121.23+0.007%$1.5M$670K25xas long as short
MEXC OKB_USDT+0.0100%4h121.36+0.115%$1.1M$474K25xas long as short
Variational Omni OKB+0.0100%4h121.38+0.134%$55K$34Kas long as short
HTX OKB-USDT+0.0100%8h121.59+0.304%$66K$332K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0269% / S −0.0266%1h121.22long leg$3K100x