Funding you earn now, next payment 04:00 UTC+0.0649%/8h= +71.1% APRnext payment +$3.25 per $10,000 · paid last 24h +0.203%
Price spread now: OKX against Bybit−0.063%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3733.729% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.063%, 7d avg +0.036%
=Funding pays, the price is against you. OKX is 0.099% cheaper against Bybit than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.036%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.093% in total) that is about 7.5 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 +$3.25 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 | Bybit ROBOUSDT | 0.009486 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $784K | $302K | 25x |
| Short | OKX ROBO-USDT-SWAP | 0.009480 | 0.0749 | get 0.0375% / 4h | 3h 01m | $848K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $136.36
- Price spread: −0.063% → +0.036%
- −$9.95
- Slippage, 4 orders
- −$351.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$246.53
- Costs to cover
- 3.729%
- Break-even
- 19.7 days
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 5 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 Bybit live order book, 3 min ago | 5.22 bp | 162.0 bp −$162 | 5426.5 bp −$54.3K | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.66 bp | 17.2 bp −$17 | 78.7 bp −$787 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ROBO | +0.0096% | 1h | 0.009500 | +0.148% | $7K | $2K | 3x | as long as short |
| Aster ROBOUSDT | +0.0100% | 4h | 0.009505 | +0.201% | $10K | $7K | 5x | as long as short |
| Binance ROBOUSDT | +0.0100% | 4h | 0.009490 | +0.042% | $4.0M | $3.1M | 20x | as long as short |
| Bybit ROBOUSDTlong | +0.0100% | 4h | 0.009486 | long leg | $784K | $302K | 25x | |
| Gate ROBO_USDT | +0.0100% | 4h | 0.009490 | +0.042% | $242K | $70K | 20x | as long as short |
| MEXC ROBO_USDT | +0.0100% | 4h | 0.009470 | −0.169% | $1.0M | $179K | 50x | as long as short |
| KuCoin ROBOUSDTM | +0.0100% | 4h | 0.009500 | +0.148% | $350K | $35K | 8x | as long as short |
| Bitget ROBOUSDT | +0.0100% | 4h | 0.009480 | −0.063% | $421K | $333K | 10x | as long as short |
| BloFin ROBO-USDT | +0.0107% | 4h | 0.009520 | +0.358% | $194K | $2K | 25x | as long as short |
| Coinbase International ROBO-PERP-INTX | +0.0216% | 1h | 0.009539 | +0.559% | $6K | $17K | 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 | +0.0734% | 4h | 0.009490 | +0.042% | — | $1.7M | — | as long as short |
| OKX ROBO-USDT-SWAPshort | +0.0749% | 4h | 0.009480 | −0.063% | $848K | $1.1M | 10x | |
| Deribit ROBO_USDC-PERPETUAL | +0.2598% | 1h | 0.009506 | +0.211% | $263 | $249 | 10x | as long as short |
Bybit ROBOUSDT
OKX ROBO-USDT-SWAP
Lighter ROBO
Aster ROBOUSDT
Binance ROBOUSDT
Gate ROBO_USDT
MEXC ROBO_USDT
KuCoin ROBOUSDTM
Bitget ROBOUSDT
BloFin ROBO-USDT
Coinbase International ROBO-PERP-INTX
BingX ROBO-USDT
Deribit ROBO_USDC-PERPETUAL