Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.029%

Price spread now: QFEX against Bybit−0.014%7-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−$38as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on Bybit Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.075%−$8 on $10k

Price spread, last 7 days−0.052%−$5 · spread now −0.014%, 7d avg −0.053%

Together, before fees−0.127%−$13 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 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 3 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RKLBUSDT	70.540	0	get 0.0000% / 8h	1h 05m	$2.5M	$1.8M	25x
Short	QFEX RKLB-USD	70.530	0.0037	get 0.0005% / 1h	5m 12s	$1.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Bybit. 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 BybitbpFee QFEXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $7.68
Price spread: −0.014% → −0.053%: $3.93
Slippage, 4 orders: −$21.26
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$30.65
Costs to cover: 0.423%
Break-even: 34.9 days

Slippage from Bybit: live order book, 7 min ago; QFEX: 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 Bybit live order book, 7 min ago	2.13 bp	15.7 bp −$16	56.5 bp −$565	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.42 bp	7.8 bp −$8	9.6 bp −$96	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	−0.0608%	4h	70.495	−0.064%	$41K	$256K	10x	as long as short
KuCoin RKLBUSDTM	−0.0244%	8h	70.500	−0.057%	$1.2M	$124K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.503	−0.053%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.555	+0.022%	$11K	$170K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.579	+0.055%	$11.0M	$37.2M	20x	as long as short
Bybit RKLBUSDTlong	0.0000%	8h	70.540	long leg	$2.5M	$1.8M	25x
Gate RKLB_USDT	0.0000%	8h	70.570	+0.043%	$3.9M	$16.0M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	70.570	+0.043%	$4.5M	$4.8M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	70.505	−0.049%	$240K	$386K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	70.530	−0.014%	$6K	$152K	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	70.530	−0.014%	$1K	$6.5M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.500	−0.057%	$10K	$25K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.580	+0.057%	$2.0M	$777K	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.680	+0.198%	$125K	$49K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.177%	$30K	$6K	12x	as long as short
QFEX RKLB-USDshort	+0.0037%	1h	70.530	−0.014%	$1.2M	$1.7M	10x
Vest RKLB-USD-PERP	+0.0046%	1h	70.670	+0.184%	—	$303K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	70.528	−0.017%	$11.8M	$2.8M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.528	−0.017%	$268K	$208K	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.470	−0.099%	$43K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.537	−0.004%	—	—	10x	as long as short
OKX RKLB-USDT-SWAP	+0.0119%	8h	70.560	+0.028%	$4.1M	$5.1M	20x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.550	+0.014%	$240K	$304K	20x	as long as short