Funding arb · Price arb /

ROBO

all ROBO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0927%/8h= +101.5% APRpaid last 24h +0.160%

Price spread now: OKX against Coinbase International+1.015%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and OKX is 1.015% dearer against Coinbase International than usual: you sell high and buy low: +$102 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.5% 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	0.009458	0.0200	pay 0.0025% / 1h	31m 29s	$6K	$20K	50x
Short	OKX ROBO-USDT-SWAP	0.009554	0.1127	get 0.0563% / 4h	3h 31m	$848K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee OKXbpOrdersPrice spread, now +1.015%Rate

Funding earned: $194.6
Price spread: +1.015% → 0.000%: $101.5
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $276.11
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, just now. 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 OKX live order book, just now	4.71 bp	18.0 bp −$18	77.7 bp −$777	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 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	0.009555	+1.026%	$7K	$2K	3x	as long as short
Aster ROBOUSDT	+0.0100%	4h	0.009540	+0.867%	$10K	$7K	5x	as long as short
Binance ROBOUSDT	+0.0100%	4h	0.009555	+1.031%	$4.0M	$3.1M	20x	as long as short
Bybit ROBOUSDT	+0.0100%	4h	0.009548	+0.952%	$783K	$286K	25x	as long as short
Gate ROBO_USDT	+0.0100%	4h	0.009540	+0.867%	$243K	$81K	20x	as long as short
MEXC ROBO_USDT	+0.0100%	4h	0.009550	+0.973%	$1.0M	$227K	50x	as long as short
KuCoin ROBOUSDTM	+0.0100%	4h	0.009560	+1.078%	$358K	$35K	8x	as long as short
Bitget ROBOUSDT	+0.0100%	4h	0.009550	+0.973%	$434K	$323K	10x	as long as short
BloFin ROBO-USDT	+0.0137%	4h	0.009530	+0.761%	$193K	$2K	25x	as long as short
Coinbase International ROBO-PERP-INTXlong	+0.0200%	1h	0.009458	long leg	$6K	$20K	50x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ROBO-USDT	+0.0966%	4h	0.009550	+0.973%	—	$1.6M	—	as long as short
OKX ROBO-USDT-SWAPshort	+0.1127%	4h	0.009554	+1.015%	$848K	$1.1M	10x
Deribit ROBO_USDC-PERPETUAL	+0.2683%	1h	0.009575	+1.237%	$265	$249	10x	as long as short