Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Phemex against ApeX Omni+0.014%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$179as in the Price arb table

costs, in and out, $10k−$1811.811% of the position

Long on ApeX Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.014%, 7d avg −0.012%

Together, before fees−0.214%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.026% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.012%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni RKLBUSDT	71.100	0.0100	pay 0.0013% / 1h	16m 35s	$44K	$135K	50x
Short	Phemex RKLBUSDT	71.110	0	get 0.0000% / 8h	6h 16m	$2.0M	$809K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against ApeX Omni. 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 ApeX OmnibpFee PhemexbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$21
Price spread: +0.014% → −0.012%: $2.56
Slippage, 4 orders: −$159.15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$199.58
Costs to cover: 1.811%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 49 min ago; Phemex: live order book, 2 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 ApeX Omni live order book, 49 min ago	25.25 bp	45.7 bp −$46	217.1 bp −$2,171	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	2.11 bp	50.9 bp −$51	doesn't fit	doesn't fit	doesn't fit

RKLB on 22 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
edgeX RKLBUSDC	−0.0881%	4h	71.051	−0.068%	$42K	$259K	10x	as long as short
KuCoin RKLBUSDTM	−0.0125%	8h	71.030	−0.098%	$1.2M	$129K	20x	as long as short
Bitget RKLBUSDT	−0.0029%	8h	71.110	+0.014%	$4.5M	$5.1M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.070	−0.043%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.102	+0.002%	$15K	$202K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.120	+0.028%	$11.0M	$38.5M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.120	+0.028%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.110	+0.014%	$4.0M	$5.4M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.120	+0.028%	$4.8M	$16.4M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	71.097	−0.004%	$298K	$340K	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT RKLB_USDT_Perp	0.0000%	8h	71.100	0.000%	$6K	$141K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.140	+0.056%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.140	+0.056%	$9K	$26K	20x	as long as short
Phemex RKLBUSDTshort	0.0000%	8h	71.110	+0.014%	$2.0M	$809K	10x
QFEX RKLB-USD	+0.0024%	1h	71.090	−0.014%	$1.2M	$1.6M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.230	+0.183%	$126K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.955%	$30K	$5K	12x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.091	−0.013%	$324K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0055%	1h	71.240	+0.197%	—	$214K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0061%	1h	71.077	−0.032%	$12.1M	$3.3M	10x	as long as short
ApeX Omni RKLBUSDTlong	+0.0100%	1h	71.100	long leg	$44K	$135K	50x
Aevo RKLB-PERP	+0.0104%	1h	71.110	+0.013%	—	—	10x	as long as short