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

OKB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0169%/8h= −18.6% APRpaid last 24h −0.054%
Price spread now: Variational Omni against GMX+0.155%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.155% dearer against GMX than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX OKB/USD [ETH-USDC]121.95L +0.0269% / S −0.0266%pay 0.0034% / 1h33m 43s$3K100x
ShortVariational Omni OKB122.130.0100get 0.0050% / 4h3h 33m$56K$29K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$35.59
Price spread: +0.155% → 0.000%
$15.54
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$32.06
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Variational Omni: 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 GMX no order-book sample
Sell Variational Omni no order-book sample
GMX and Variational Omni: 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−0.4541%1h121.00−0.775%$50K$40K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18+1.012%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h121.82−0.103%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h121.90−0.037%$2.5M$1.1M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h121.79−0.127%$29.9M$47.9M20xas long as short
Gate OKB_USDT+0.0100%8h121.84−0.086%$1.5M$653K25xas long as short
MEXC OKB_USDT+0.0100%4h121.82−0.103%$1.0M$480K25xas long as short
Variational Omni OKBshort+0.0100%4h122.13+0.155%$56K$29K
HTX OKB-USDT+0.0100%8h122.34+0.324%$66K$330K10xas long as short
GMX OKB/USD [ETH-USDC]longL +0.0269% / S −0.0266%1h121.95long leg$3K100x