Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.020%

Price spread now: Lighter against KuCoin+0.280%7-day average +0.168% · you sell dearer than you buy

Net, funding: paid 7d − costs−$450as in the Funding arb table

Net, price: spread back to 7d avg − costs−$443as in the Price arb table

costs, in and out, $10k−$4544.538% of the position

Long on KuCoin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.280%, 7d avg +0.168%

Together, before fees−0.144%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.168%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RKLBUSDTM	71.530	−0.0131	get 0.0131% / 8h	4h 35m	$1.2M	$130K	20x
Short	Lighter RKLB	71.730	0.0032	get 0.0004% / 1h	35m 22s	$126K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now +0.280%Rate

Funding earned: $34.23
Price spread: +0.280% → +0.168%: $11.17
Slippage, 4 orders: −$441.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$408.37
Costs to cover: 4.538%
Break-even: 90.5 days

Slippage from KuCoin: live order book, 5 min ago; Lighter: live order book, 4 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 KuCoin live order book, 5 min ago	2.10 bp	241.1 bp −$241	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	11.16 bp	11.2 bp −$11	13.3 bp −$133	67.1 bp −$6,710	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	−0.0313%	4h	71.622	+0.129%	$42K	$260K	10x	as long as short
KuCoin RKLBUSDTMlong	−0.0131%	8h	71.530	long leg	$1.2M	$130K	20x
Aster RKLBUSDT	0.0000%	8h	71.588	+0.081%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.610	+0.111%	$14K	$196K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.629	+0.138%	$11.1M	$38.9M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.610	+0.112%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.620	+0.126%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.640	+0.154%	$4.9M	$16.3M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.630	+0.140%	$4.6M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.642	+0.157%	$300K	$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	71.630	+0.140%	$6K	$142K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.620	+0.126%	$1K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.650	+0.168%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.650	+0.168%	$2.0M	$835K	10x	as long as short
Injective RKLB/USDC PERP	+0.0018%	1h	71.070	−0.643%	$31K	$5K	12x	as long as short
Lighter RKLBshort	+0.0032%	1h	71.730	+0.280%	$126K	$44K	10x
QFEX RKLB-USD	+0.0038%	1h	71.610	+0.112%	$1.2M	$1.6M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	71.593	+0.088%	$12.1M	$3.5M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.571	+0.057%	$326K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0064%	1h	71.740	+0.294%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.650	+0.168%	$44K	$134K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.601	+0.100%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.660	+0.182%	$234K	$315K	20x	as long as short