Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.026%
Price spread now: Phemex against Lighter−0.226%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.226%, 7d avg −0.118%
=Together, before fees−0.148%+ Points / potential airdropLighter: Season 3 · farm board−$15 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 Phemex is 0.108% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RKLB | 70.670 | 0.0032 | pay 0.0004% / 1h | 49m 27s | $124K | $44K | 10x |
| Short | Phemex RKLBUSDT | 70.510 | 0 | get 0.0000% / 8h | 49m 27s | $2.0M | $946K | 10x |
Lighter RKLB
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Lighter. 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
- −$6.72
- Price spread: −0.226% → −0.118%
- −$10.85
- Slippage, 4 orders
- −$123.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$153.45
- Costs to cover
- 1.359%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 35 min ago; Phemex: 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, 35 min ago | 8.52 bp | 21.0 bp −$21 | 23.4 bp −$234 | 80.0 bp −$7,998 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.13 bp | 42.9 bp −$43 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget RKLBUSDT | −0.0498% | 8h | 70.620 | −0.071% | $4.5M | $5.4M | 20x | as long as short |
| KuCoin RKLBUSDTM | −0.0407% | 8h | 70.520 | −0.212% | $1.2M | $132K | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 70.578 | −0.130% | $24K | $45K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 70.561 | −0.154% | $13K | $169K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 70.630 | −0.057% | $11.0M | $41.0M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 70.600 | −0.099% | $2.4M | $2.1M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 70.610 | −0.085% | $3.9M | $5.8M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.540 | −0.184% | $4.8M | $16.7M | 75x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 70.426 | −0.345% | $274K | $367K | — | as long as short |
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 70.425 | −0.346% | $6K | $174K | 10x | as long as short |
Bitget RKLBUSDT
KuCoin RKLBUSDTM
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
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 | 70.470 | −0.283% | $1K | $6.0M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 70.390 | −0.396% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 70.510 | −0.226% | $2.0M | $946K | 10x | |
| QFEX RKLB-USD | +0.0026% | 1h | 70.530 | −0.198% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLBlong | +0.0032% | 1h | 70.670 | long leg | $124K | $44K | 10x | |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 71.070 | +0.566% | $31K | $5K | 12x | as long as short |
| Vest RKLB-USD-PERP | +0.0049% | 1h | 70.670 | 0.000% | — | $214K | 25x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 70.570 | −0.142% | $11.9M | $3.5M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 70.556 | −0.161% | $321K | $1.8M | 10x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 70.470 | −0.283% | $43K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 70.601 | −0.098% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 70.390 | −0.396% | $229K | $312K | 20x | as long as short |
| edgeX RKLBUSDC | +0.0690% | 4h | 70.336 | −0.473% | $41K | $264K | 10x | as long as short |
SunX RKLB-USDT
HTX RKLB-USDT
QFEX RKLB-USD
Injective RKLB/USDC PERP
Vest RKLB-USD-PERP
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT
edgeX RKLBUSDC