Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h 0.000%

Price spread now: QFEX against KuCoin+0.043%7-day average +0.004% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$359as in the Price arb table

costs, in and out, $10k−$3633.629% of the position

Long on KuCoin Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.071%−$7 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.043%, 7d avg +0.004%

Together, before fees−0.133%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and QFEX is 0.039% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 4 days funding on this pair cost −0.071%, 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 4 days it paid -0.071% in total (about -7.1% a year). A funding rate is set anew for every payment. 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	70.360	−0.0377	get 0.0377% / 8h	1h 52m	$1.2M	$131K	20x
Short	QFEX RKLB-USD	70.390	0.0049	get 0.0006% / 1h	52m 33s	$1.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $89.38
Price spread: +0.043% → +0.004%: $3.86
Slippage, 4 orders: −$340.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$269.7
Costs to cover: 3.629%
Break-even: 28.1 days

Slippage from KuCoin: live order book, 3 min ago; QFEX: 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, 3 min ago	6.40 bp	309.3 bp −$309	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.13 bp	8.5 bp −$9	12.6 bp −$126	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	−0.0809%	4h	70.402	+0.060%	$41K	$262K	10x	as long as short
Bitget RKLBUSDT	−0.0541%	8h	70.440	+0.114%	$4.4M	$5.4M	20x	as long as short
KuCoin RKLBUSDTMlong	−0.0377%	8h	70.360	long leg	$1.2M	$131K	20x
Aster RKLBUSDT	0.0000%	8h	70.387	+0.038%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.378	+0.025%	$14K	$198K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.390	+0.043%	$11.0M	$40.8M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.380	+0.028%	$2.4M	$2.0M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.450	+0.128%	$3.9M	$5.7M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	70.430	+0.099%	$4.9M	$16.5M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	70.398	+0.054%	$285K	$357K	—	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	70.420	+0.085%	$6K	$166K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	70.420	+0.085%	$2K	$6.0M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.400	+0.057%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.460	+0.142%	$2.0M	$935K	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.530	+0.242%	$124K	$45K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+1.009%	$31K	$5K	12x	as long as short
QFEX RKLB-USDshort	+0.0049%	1h	70.390	+0.043%	$1.2M	$1.7M	10x
tradeXYZ xyz:RKLB	+0.0050%	1h	70.355	−0.007%	$11.8M	$3.5M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.342	−0.026%	$320K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0054%	1h	70.500	+0.199%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.400	+0.057%	$43K	$132K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.433	+0.104%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.390	+0.043%	$228K	$311K	20x	as long as short