Funding you earn now, next payment 08:00 UTC+0.0463%/8h= +50.7% APRnext payment +$2.32 per $10,000 · paid last 24h +0.193%
Price spread now: OKX against Bitget−0.280%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.280%, 7d avg −0.008%
=Funding pays, the price is against you. OKX is 0.272% cheaper against Bitget than usual: you would sell low and buy high (spread −0.280% now, against its 7-day average of −0.008%). If the spread goes back, that is −$27 on $10k: about 47 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.042% in total) that is about 46 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 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 | Bitget ROBOUSDT | 0.009640 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $459K | $382K | 10x |
| Short | OKX ROBO-USDT-SWAP | 0.009613 | 0.0563 | get 0.0282% / 4h | 1h 02m | $820K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $97.28
- Price spread: −0.280% → −0.008%
- −$27.23
- Slippage, 4 orders
- −$102.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.59
- Costs to cover
- 1.246%
- Break-even
- 10.9 days
Slippage from Bitget: live order book, 33 min ago; OKX: live order book, 4 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 Bitget live order book, 33 min ago | 5.20 bp | 29.9 bp −$30 | 345.8 bp −$3,458 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.15 bp | 23.6 bp −$24 | 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 | +0.0051% | 4h | 0.009640 | 0.000% | $197K | $2K | 25x | as long as short |
| Lighter ROBO | +0.0096% | 1h | 0.009638 | −0.021% | $7K | $2K | 3x | as long as short |
| Aster ROBOUSDT | +0.0100% | 4h | 0.009630 | −0.099% | $10K | $7K | 5x | as long as short |
| Binance ROBOUSDT | +0.0100% | 4h | 0.009630 | −0.104% | $4.1M | $3.2M | 20x | as long as short |
| Bybit ROBOUSDT | +0.0100% | 4h | 0.009620 | −0.207% | $837K | $398K | 25x | as long as short |
| Gate ROBO_USDT | +0.0100% | 4h | 0.009620 | −0.207% | $244K | $98K | 20x | as long as short |
| MEXC ROBO_USDT | +0.0100% | 4h | 0.009630 | −0.104% | $952K | $184K | 50x | as long as short |
| KuCoin ROBOUSDTM | +0.0100% | 4h | 0.009630 | −0.104% | $359K | $38K | 8x | as long as short |
| Bitget ROBOUSDTlong | +0.0100% | 4h | 0.009640 | long leg | $459K | $382K | 10x | |
| Coinbase International ROBO-PERP-INTX | +0.0424% | 1h | 0.009533 | −1.110% | $6K | $6K | 50x | 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-SWAPshort | +0.0563% | 4h | 0.009613 | −0.280% | $820K | $1.3M | 10x | |
| BingX ROBO-USDT | +0.0588% | 4h | 0.009630 | −0.104% | — | $1.7M | — | as long as short |
| Deribit ROBO_USDC-PERPETUAL | +0.2247% | 1h | 0.009637 | −0.031% | $133 | $249 | 10x | as long as short |
Bitget ROBOUSDT
OKX ROBO-USDT-SWAP
BloFin ROBO-USDT
Lighter ROBO
Aster ROBOUSDT
Binance ROBOUSDT
Bybit ROBOUSDT
Gate ROBO_USDT
MEXC ROBO_USDT
KuCoin ROBOUSDTM
Coinbase International ROBO-PERP-INTX
BingX ROBO-USDT
Deribit ROBO_USDC-PERPETUAL