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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Bybit against HTX−0.177%7-day average −0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$2962.958% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.177%, 7d avg −0.201%
Together, before fees+0.042%+$4 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 0.024% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.201%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX OKB-USDT124.240.0100pay 0.0100% / 8h7h 03m$67K$326K10x
ShortBybit OKBUSDT124.020.0100get 0.0050% / 4h3h 03m$2.6M$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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: −0.177% → −0.201%
$2.37
Slippage, 4 orders
−$272.81
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$293.45
Costs to cover
2.958%
Break-even
never at this rate
Slippage from HTX: live order book, 29 min ago; Bybit: live order book, 4 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 HTX live order book, 29 min ago16.37 bp103.7 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.83 bp34.3 bp −$34doesn't fitdoesn'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−0.4295%1h122.25−1.601%$51K$41K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.853%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h123.92−0.258%$2.8Mas long as short
Bybit OKBUSDTshort+0.0100%4h124.02−0.177%$2.6M$1.0M25x
OKX OKB-USDT-SWAP+0.0100%4h123.86−0.306%$30.5M$48.3M20xas long as short
Gate OKB_USDT+0.0100%8h123.89−0.282%$1.5M$677K25xas long as short
MEXC OKB_USDT+0.0100%4h123.90−0.274%$1.0M$484K25xas long as short
Variational Omni OKB+0.0100%4h123.75−0.391%$56K$29Kas long as short
HTX OKB-USDTlong+0.0100%8h124.24long leg$67K$326K10x
GMX OKB/USD [ETH-USDC]L +0.0270% / S −0.0266%1h123.90−0.277%$3K100xas long as short