Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h −0.020%

Price spread now: QFEX against Binance−0.029%53s7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$380.376% of the position

Long on Binance Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.041%−$4 on $10k

Price spread, last 7 days−0.021%−$2 · spread now −0.029%, 7d avg −0.053%

Together, before fees−0.062%−$6 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 QFEX is 0.024% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.053%. The two prices were read 53 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	70.500	0	get 0.0000% / 8h	1h 01m	$11.0M	$40.9M	20x
Short	QFEX RKLB-USD	70.480	0.0049	get 0.0006% / 1h	1m 48s	$1.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $10.21
Price spread: −0.029% → −0.053%: $2.41
Slippage, 4 orders: −$17.57
Fee Binance: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$24.95
Costs to cover: 0.376%
Break-even: 24.1 days

Slippage from Binance: live order book, 10 min ago; QFEX: live order book, 5 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, 10 min ago	1.42 bp	11.0 bp −$11	24.9 bp −$249	128.6 bp −$12.9K	doesn't fit
Sell QFEX live order book, 5 min ago	2.13 bp	8.5 bp −$9	13.1 bp −$131	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
Bitget RKLBUSDT	−0.0531%	8h	70.500	−0.001%	$4.4M	$5.4M	20x	as long as short
KuCoin RKLBUSDTM	−0.0428%	8h	70.360	−0.199%	$1.2M	$132K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.462	−0.054%	$24K	$45K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.450	−0.071%	$14K	$164K	10x	as long as short
Binance RKLBUSDTlong	0.0000%	8h	70.500	long leg	$11.0M	$40.9M	20x
Bybit RKLBUSDT	0.0000%	8h	70.480	−0.029%	$2.4M	$2.1M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.510	+0.014%	$3.9M	$5.7M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	70.460	−0.057%	$4.8M	$16.8M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	70.488	−0.018%	$275K	$367K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	70.440	−0.086%	$6K	$172K	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	70.470	−0.043%	$1K	$6.0M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.450	−0.071%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.470	−0.043%	$2.0M	$940K	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.600	+0.141%	$124K	$45K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+0.808%	$31K	$5K	12x	as long as short
QFEX RKLB-USDshort	+0.0049%	1h	70.480	−0.029%	$1.2M	$1.7M	10x
tradeXYZ xyz:RKLB	+0.0050%	1h	70.451	−0.070%	$11.9M	$3.5M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.428	−0.103%	$321K	$1.8M	10x	as long as short
Vest RKLB-USD-PERP	+0.0051%	1h	70.600	+0.141%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.390	−0.157%	$43K	$134K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.463	−0.053%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.510	+0.014%	$229K	$312K	20x	as long as short
edgeX RKLBUSDC	+0.0594%	4h	70.486	−0.021%	$41K	$264K	10x	as long as short