Funding you earn now, next payment 12:00 UTC−0.0385%/8h= −42.1% APRnext payment −$1.92 per $10,000 · paid last 24h −0.185%
Price spread now: KuCoin against OKX−0.177%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$762as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7447.436% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.177%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.144% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 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 | 0.009587 | 0.0485 | pay 0.0242% / 4h | 2h 56m | $820K | $1.3M | 10x |
| Short | KuCoin ROBOUSDTM | 0.009570 | 0.0100 | get 0.0050% / 4h | 2h 56m | $357K | $40K | 8x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$80.76
- Price spread: −0.177% → −0.033%
- −$14.41
- Slippage, 4 orders
- −$721.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$838.77
- Costs to cover
- 7.436%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 26 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, 5 min ago | 2.09 bp | 21.4 bp −$21 | 501.6 bp −$5,016 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 20.88 bp | 76.1 bp −$76 | 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 | +0.0064% | 4h | 0.009570 | −0.177% | $196K | $2K | 25x | as long as short |
| Lighter ROBO | +0.0096% | 1h | 0.009594 | +0.073% | $7K | $2K | 3x | as long as short |
| Aster ROBOUSDT | +0.0100% | 4h | 0.009578 | −0.090% | $9K | $7K | 5x | as long as short |
| Binance ROBOUSDT | +0.0100% | 4h | 0.009590 | +0.031% | $4.1M | $3.2M | 20x | as long as short |
| Bybit ROBOUSDT | +0.0100% | 4h | 0.009588 | +0.010% | $805K | $412K | 25x | as long as short |
| Gate ROBO_USDT | +0.0100% | 4h | 0.009570 | −0.177% | $250K | $105K | 20x | as long as short |
| MEXC ROBO_USDT | +0.0100% | 4h | 0.009580 | −0.073% | $934K | $173K | 50x | as long as short |
| KuCoin ROBOUSDTMshort | +0.0100% | 4h | 0.009570 | −0.177% | $357K | $40K | 8x | |
| Bitget ROBOUSDT | +0.0100% | 4h | 0.009590 | +0.031% | $457K | $386K | 10x | as long as short |
| BingX ROBO-USDT | +0.0434% | 4h | 0.009590 | +0.031% | — | $1.7M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ROBO-USDT-SWAPlong | +0.0485% | 4h | 0.009587 | long leg | $820K | $1.3M | 10x | |
| Coinbase International ROBO-PERP-INTX | +0.0568% | 1h | 0.009587 | 0.000% | $6K | $8K | 50x | as long as short |
| Deribit ROBO_USDC-PERPETUAL | +0.2257% | 1h | 0.009597 | +0.104% | $132 | $249 | 10x | as long as short |
OKX ROBO-USDT-SWAP
KuCoin ROBOUSDTM
BloFin ROBO-USDT
Lighter ROBO
Aster ROBOUSDT
Binance ROBOUSDT
Bybit ROBOUSDT
Gate ROBO_USDT
MEXC ROBO_USDT
Bitget ROBOUSDT
BingX ROBO-USDT
Coinbase International ROBO-PERP-INTX
Deribit ROBO_USDC-PERPETUAL