Funding you earn now, next payment 04:00 UTC−0.0316%/8h= −34.6% APRnext payment −$1.58 per $10,000 · paid last 24h −0.203%
Price spread now: Bybit against OKX+0.126%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$3093.094% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.126%, 7d avg −0.036%
=The price spread pays, funding is against you. Bybit is 0.163% dearer against OKX than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of −0.036%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.093% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.58 per $10,000. 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 | OKX ROBO-USDT-SWAP | 0.009508 | 0.0416 | pay 0.0208% / 4h | 52m 01s | $847K | $1.1M | 10x |
| Short | Bybit ROBOUSDT | 0.009520 | 0.0100 | get 0.0050% / 4h | 52m 01s | $775K | $338K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$66.26
- Price spread: +0.126% → −0.036%
- $16.26
- Slippage, 4 orders
- −$288.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$359.43
- Costs to cover
- 3.094%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 3 min ago.
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 OKX live order book, 4 min ago | 2.10 bp | 22.4 bp −$22 | 726.1 bp −$7,261 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.24 bp | 164.0 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
ROBO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ROBO-USDT | +0.0080% | 4h | 0.009540 | +0.337% | $197K | $2K | 25x | as long as short |
| Lighter ROBO | +0.0096% | 1h | 0.009517 | +0.095% | $7K | $2K | 3x | as long as short |
| Aster ROBOUSDT | +0.0100% | 4h | 0.009521 | +0.132% | $10K | $7K | 5x | as long as short |
| Binance ROBOUSDT | +0.0100% | 4h | 0.009514 | +0.064% | $4.1M | $3.2M | 20x | as long as short |
| Bybit ROBOUSDTshort | +0.0100% | 4h | 0.009520 | +0.126% | $775K | $338K | 25x | |
| Gate ROBO_USDT | +0.0100% | 4h | 0.009520 | +0.126% | $247K | $76K | 20x | as long as short |
| MEXC ROBO_USDT | +0.0100% | 4h | 0.009500 | −0.084% | $967K | $179K | 50x | as long as short |
| KuCoin ROBOUSDTM | +0.0100% | 4h | 0.009510 | +0.021% | $346K | $36K | 8x | as long as short |
| Bitget ROBOUSDT | +0.0100% | 4h | 0.009510 | +0.021% | $419K | $341K | 10x | as long as short |
| Coinbase International ROBO-PERP-INTX | +0.0336% | 1h | 0.009539 | +0.326% | $6K | $9K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ROBO-USDT | +0.0378% | 4h | 0.009510 | +0.021% | — | $1.7M | — | as long as short |
| OKX ROBO-USDT-SWAPlong | +0.0416% | 4h | 0.009508 | long leg | $847K | $1.1M | 10x | |
| Deribit ROBO_USDC-PERPETUAL | +0.3015% | 1h | 0.009527 | +0.200% | $263 | $249 | 10x | as long as short |
OKX ROBO-USDT-SWAP
Bybit ROBOUSDT
BloFin ROBO-USDT
Lighter ROBO
Aster ROBOUSDT
Binance ROBOUSDT
Gate ROBO_USDT
MEXC ROBO_USDT
KuCoin ROBOUSDTM
Bitget ROBOUSDT
Coinbase International ROBO-PERP-INTX
BingX ROBO-USDT
Deribit ROBO_USDC-PERPETUAL