Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.034%

Price spread now: Gate against Lighter−0.170%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$740.743% of the position

Long on Lighter Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.233%−$23 on $10k

Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.170%, 7d avg −0.098%

Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.072% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.098%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RKLB	70.520	0.0032	pay 0.0004% / 1h	14m 17s	$125K	$49K	10x
Short	Gate RKLB_USDT	70.400	0	get 0.0000% / 8h	1h 14m	$3.9M	$15.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Lighter. 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 LighterbpFee GatebpOrdersPrice spread, now −0.170%Rate

Funding earned: −$6.72
Price spread: −0.170% → −0.098%: −$7.22
Slippage, 4 orders: −$59.27
Fee Lighter: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88.2
Costs to cover: 0.743%
Break-even: never at this rate

Slippage from Lighter: live order book, 59 min ago; Gate: 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 Lighter live order book, 59 min ago	13.57 bp	13.6 bp −$14	15.7 bp −$157	72.6 bp −$7,262	doesn't fit
Sell Gate live order book, 4 min ago	4.26 bp	12.7 bp −$13	39.4 bp −$394	68.0 bp −$6,804	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	−0.0827%	4h	70.319	−0.285%	$41K	$257K	10x	as long as short
KuCoin RKLBUSDTM	−0.0262%	8h	70.350	−0.241%	$1.2M	$124K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.379	−0.200%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.391	−0.182%	$11K	$170K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.410	−0.156%	$11.0M	$37.7M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.380	−0.199%	$2.5M	$1.8M	25x	as long as short
Gate RKLB_USDTshort	0.0000%	8h	70.400	−0.170%	$3.9M	$15.9M	75x
Bitget RKLBUSDT	0.0000%	8h	70.400	−0.170%	$4.4M	$4.9M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	70.316	−0.289%	$239K	$386K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	70.313	−0.294%	$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	70.400	−0.170%	$1K	$6.6M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.330	−0.269%	$10K	$25K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.390	−0.184%	$2.0M	$777K	10x	as long as short
Lighter RKLBlong	+0.0032%	1h	70.520	long leg	$125K	$49K	10x
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.149%	$30K	$6K	12x	as long as short
QFEX RKLB-USD	+0.0037%	1h	70.370	−0.213%	$1.2M	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0046%	1h	70.530	+0.014%	—	$303K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	70.391	−0.183%	$11.8M	$2.9M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.394	−0.179%	$271K	$205K	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.320	−0.284%	$43K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.382	−0.196%	—	—	10x	as long as short
OKX RKLB-USDT-SWAP	+0.0116%	8h	70.410	−0.156%	$4.2M	$5.0M	20x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.400	−0.170%	$239K	$305K	20x	as long as short