Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%

Price spread now: Phemex against Binance+0.070%52s7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1051.050% of the position

Long on Binance Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 2 days (all we have)−0.069%−$7 · spread now +0.070%, 7d avg +0.013%

Together, before fees−0.159%−$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.057% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RKLBUSDT	71.590	0	get 0.0000% / 8h	7h 26m	$11.2M	$38.0M	20x
Short	Phemex RKLBUSDT	71.640	0	get 0.0000% / 8h	7h 26m	$2.1M	$790K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → +0.013%: $5.7
Slippage, 4 orders: −$82.99
Fee Binance: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$99.3
Costs to cover: 1.050%
Break-even: never at this rate

Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago	0.70 bp	8.8 bp −$9	24.7 bp −$247	101.9 bp −$10.2K	doesn't fit
Sell Phemex live order book, 2 min ago	1.40 bp	42.4 bp −$42	doesn't fit	doesn't fit	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	−0.0429%	4h	71.503	−0.121%	$42K	$259K	10x	as long as short
KuCoin RKLBUSDTM	−0.0151%	8h	71.490	−0.140%	$1.2M	$127K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.566	−0.033%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.585	−0.007%	$15K	$209K	10x	as long as short
Binance RKLBUSDTlong	0.0000%	8h	71.590	long leg	$11.2M	$38.0M	20x
Bybit RKLBUSDT	0.0000%	8h	71.600	+0.014%	$2.4M	$1.8M	25x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.600	+0.014%	$4.8M	$16.2M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.600	+0.014%	$4.6M	$5.0M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.578	−0.016%	$267K	$345K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	71.586	−0.005%	$6K	$135K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX RKLB-USDT	0.0000%	8h	71.630	+0.056%	$1K	$6.2M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.530	−0.084%	$10K	$25K	20x	as long as short
Phemex RKLBUSDTshort	0.0000%	8h	71.640	+0.070%	$2.1M	$790K	10x
QFEX RKLB-USD	+0.0030%	1h	71.580	−0.014%	$1.2M	$1.7M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.710	+0.168%	$126K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−2.626%	$30K	$6K	12x	as long as short
OKX RKLB-USDT-SWAP	+0.0043%	8h	71.600	+0.014%	$4.1M	$5.2M	20x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	71.563	−0.038%	$11.9M	$2.9M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.559	−0.043%	$326K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0073%	1h	71.720	+0.182%	—	$256K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.590	0.000%	$44K	$134K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.572	−0.024%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.600	+0.014%	$237K	$309K	20x	as long as short