Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h 0.000%

Price spread now: Lighter against Binance+0.157%7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Binance Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.157%, 7d avg +0.119%

Together, before fees−0.106%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.037% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RKLBUSDT	71.518	0	get 0.0000% / 8h	5h 05m	$11.1M	$38.8M	20x
Short	Lighter RKLB	71.630	0.0032	get 0.0004% / 1h	5m 02s	$126K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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 BinancebpFee LighterbpOrdersPrice spread, now +0.157%Rate

Funding earned: $6.72
Price spread: +0.157% → +0.119%: $3.74
Slippage, 4 orders: −$53.84
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$53.39
Costs to cover: 0.638%
Break-even: 62.6 days

Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 40 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 Binance live order book, 7 min ago	1.40 bp	8.3 bp −$8	19.5 bp −$195	101.9 bp −$10.2K	doesn't fit
Sell Lighter live order book, 40 min ago	13.34 bp	13.3 bp −$13	15.4 bp −$154	80.3 bp −$8,026	doesn't fit

RKLB on 23 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	−0.0882%	4h	71.528	+0.014%	$42K	$260K	10x	as long as short
KuCoin RKLBUSDTM	−0.0093%	8h	71.420	−0.137%	$1.2M	$129K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.475	−0.060%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.501	−0.023%	$16K	$195K	10x	as long as short
Binance RKLBUSDTlong	0.0000%	8h	71.518	long leg	$11.1M	$38.8M	20x
Bybit RKLBUSDT	0.0000%	8h	71.510	−0.011%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.530	+0.017%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.530	+0.017%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.530	+0.017%	$4.6M	$5.1M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.491	−0.038%	$299K	$329K	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT RKLB_USDT_Perp	0.0000%	8h	71.480	−0.053%	$6K	$142K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.500	−0.025%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.490	−0.039%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.540	+0.031%	$2.0M	$823K	10x	as long as short
QFEX RKLB-USD	+0.0023%	1h	71.500	−0.025%	$1.2M	$1.5M	10x	as long as short
Lighter RKLBshort	+0.0032%	1h	71.630	+0.157%	$126K	$44K	10x
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	−0.626%	$31K	$5K	12x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	71.471	−0.066%	$12.1M	$3.4M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.476	−0.059%	$325K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0059%	1h	71.670	+0.212%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.450	−0.095%	$44K	$134K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.499	−0.027%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.540	+0.031%	$233K	$314K	20x	as long as short