Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.041%
Price spread now: Bybit against Coinbase International+0.639%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.639% dearer against Coinbase International than usual: you sell high and buy low (spread +0.639% now, against zero (this spread has no 7-day history yet)): +$64 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 7 days funding on this pair paid +0.131%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ROBO-PERP-INTX | 0.009539 | 0.0304 | pay 0.0038% / 1h | 29m 59s | $6K | $15K | 50x |
| Short | Bybit ROBOUSDT | 0.009600 | 0.0100 | get 0.0050% / 4h | 2h 29m | $785K | $327K | 25x |
Coinbase International ROBO-PERP-INTX
Bybit ROBOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$42.84
- Price spread: +0.639% → 0.000%
- $63.95
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $0.11
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 35 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 35 min ago | 5.22 bp | 169.0 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.
ROBO on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ROBO | +0.0096% | 1h | 0.009593 | +0.566% | $7K | $2K | 3x | as long as short |
| Aster ROBOUSDT | +0.0100% | 4h | 0.009574 | +0.362% | $10K | $7K | 5x | as long as short |
| Binance ROBOUSDT | +0.0100% | 4h | 0.009600 | +0.639% | $4.1M | $3.1M | 20x | as long as short |
| Bybit ROBOUSDTshort | +0.0100% | 4h | 0.009600 | +0.639% | $785K | $327K | 25x | |
| Gate ROBO_USDT | +0.0100% | 4h | 0.009570 | +0.325% | $246K | $74K | 20x | as long as short |
| MEXC ROBO_USDT | +0.0100% | 4h | 0.009590 | +0.535% | $997K | $180K | 50x | as long as short |
| KuCoin ROBOUSDTM | +0.0100% | 4h | 0.009590 | +0.535% | $349K | $36K | 8x | as long as short |
| Bitget ROBOUSDT | +0.0100% | 4h | 0.009590 | +0.535% | $424K | $351K | 10x | as long as short |
| Coinbase International ROBO-PERP-INTXlong | +0.0304% | 1h | 0.009539 | long leg | $6K | $15K | 50x | |
| BingX ROBO-USDT | +0.0680% | 4h | 0.009600 | +0.639% | — | $1.7M | — | as long as short |
Lighter ROBO
Aster ROBOUSDT
Binance ROBOUSDT
Gate ROBO_USDT
MEXC ROBO_USDT
KuCoin ROBOUSDTM
Bitget ROBOUSDT
BingX ROBO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ROBO-USDT-SWAP | +0.0771% | 4h | 0.009602 | +0.660% | $855K | $1.2M | 10x | as long as short |
| Deribit ROBO_USDC-PERPETUAL | +0.2360% | 1h | 0.009604 | +0.681% | $265 | $249 | 10x | as long as short |
OKX ROBO-USDT-SWAP
Deribit ROBO_USDC-PERPETUAL