Funding you earn now, next payment 16:00 UTC+0.0352%/8h= +38.5% APRnext payment +$3.52 per $10,000 · paid last 24h +0.037%
Price spread now: Phemex against KuCoin+0.286%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3813.808% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.286%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phemex is 0.232% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RKLBUSDTM | 69.860 | −0.0352 | get 0.0352% / 8h | 7h 36m | $1.2M | $152K | 20x |
| Short | Phemex RKLBUSDT | 70.060 | 0 | get 0.0000% / 8h | 7h 36m | $2.0M | $984K | 10x |
KuCoin RKLBUSDTM
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $73.92
- Price spread: +0.286% → +0.054%
- $23.22
- Slippage, 4 orders
- −$356.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$283.62
- Costs to cover
- 3.808%
- Break-even
- 33.9 days
Slippage from KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago | 4.26 bp | 159.3 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.85 bp | 44.3 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin RKLBUSDTMlong | −0.0352% | 8h | 69.860 | long leg | $1.2M | $152K | 20x | |
| Aster RKLBUSDT | 0.0000% | 8h | 69.934 | +0.105% | $29K | $50K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 70.063 | +0.290% | $13K | $207K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 69.930 | +0.100% | $11.0M | $42.6M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 69.910 | +0.072% | $2.4M | $2.2M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 69.880 | +0.029% | $3.9M | $5.7M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.030 | +0.243% | $4.6M | $16.3M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 69.960 | +0.143% | $4.5M | $5.7M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 70.243 | +0.549% | $273K | $371K | — | as long as short |
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 70.110 | +0.358% | $6K | $177K | 10x | as long as short |
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLB
GRVT RKLB_USDT_PerpShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX RKLB-USDT | 0.0000% | 8h | 70.070 | +0.301% | $2K | $5.9M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 70.070 | +0.301% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 70.060 | +0.286% | $2.0M | $984K | 10x | |
| QFEX RKLB-USD | +0.0032% | 1h | 70.120 | +0.372% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 70.030 | +0.243% | $123K | $45K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 71.070 | +1.732% | $31K | $5K | 12x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 69.859 | −0.001% | $11.7M | $3.6M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 70.040 | +0.258% | $319K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0080% | 1h | 70.190 | +0.472% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 70.120 | +0.372% | $43K | $133K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 70.099 | +0.342% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 70.100 | +0.344% | $229K | $312K | 20x | as long as short |
| edgeX RKLBUSDC | +0.0403% | 4h | 70.233 | +0.534% | $41K | $264K | 10x | as long as short |
SunX RKLB-USDT
HTX RKLB-USDT
QFEX RKLB-USD
Lighter RKLB
Injective RKLB/USDC PERP
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT
edgeX RKLBUSDC