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

OKB

all OKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.074%
Price spread now: GMX against Variational Omni−0.060%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.060% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni OKB123.250.0100pay 0.0050% / 4h2h 55m$56K$29K
ShortGMX OKB/USD [ETH-USDC]123.18L +0.0270% / S −0.0266%get 0.0033% / 1h55m 57s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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
$34.77
Price spread: −0.060% → 0.000%
−$6.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$16.75
Costs to cover
0.120%
Break-even
3.6 days
Slippage unknown: Variational Omni: no order-book sample; GMX: 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 Variational Omni no order-book sample
Sell GMX no order-book sample
Variational Omni and 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−0.3616%1h122.53−0.586%$51K$41K5xas long as short
Injective OKB/USDC PERP+0.0033%1h123.18−0.058%$25$302K5.5xas long as short
BingX OKB-USDT+0.0036%4h122.95−0.244%$2.8Mas long as short
Bybit OKBUSDT+0.0100%4h122.96−0.236%$2.5M$1.0M25xas long as short
OKX OKB-USDT-SWAP+0.0100%4h122.85−0.325%$30.2M$48.1M20xas long as short
Gate OKB_USDT+0.0100%8h122.96−0.236%$1.5M$639K25xas long as short
MEXC OKB_USDT+0.0100%4h122.91−0.277%$1.0M$471K25xas long as short
Variational Omni OKBlong+0.0100%4h123.25long leg$56K$29K
HTX OKB-USDT+0.0100%8h123.58+0.267%$67K$326K10xas long as short
GMX OKB/USD [ETH-USDC]shortL +0.0270% / S −0.0266%1h123.18−0.060%$3K100x