Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex−0.056%77s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1651.649% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.056%, 7d avg +0.009%

Together, before fees+0.173%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.065% cheaper against Phemex than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.009%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex RKLBUSDT	71.330	0	get 0.0000% / 8h	5h 25m	$2.0M	$818K	10x
Short	ApeX Omni RKLBUSDT	71.290	0.0100	get 0.0013% / 1h	25m 57s	$44K	$135K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.056%Rate

Funding earned: $21
Price spread: −0.056% → +0.009%: −$6.52
Slippage, 4 orders: −$142.95
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$150.47
Costs to cover: 1.649%
Break-even: 57.2 days

Slippage from Phemex: live order book, 2 min ago; ApeX Omni: live order book, 35 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 Phemex live order book, 2 min ago	4.91 bp	39.6 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 35 min ago	29.52 bp	39.5 bp −$40	221.2 bp −$2,212	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	−0.0718%	4h	71.273	−0.080%	$42K	$258K	10x	as long as short
KuCoin RKLBUSDTM	−0.0102%	8h	71.250	−0.112%	$1.2M	$129K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.275	−0.077%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.311	−0.027%	$16K	$198K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.330	0.000%	$11.0M	$38.7M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.310	−0.028%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.360	+0.042%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.340	+0.014%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.330	0.000%	$4.6M	$5.1M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.305	−0.035%	$299K	$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	71.254	−0.107%	$6K	$142K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.330	0.000%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.270	−0.084%	$9K	$27K	20x	as long as short
Phemex RKLBUSDTlong	0.0000%	8h	71.330	long leg	$2.0M	$818K	10x
QFEX RKLB-USD	+0.0023%	1h	71.300	−0.042%	$1.2M	$1.5M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.410	+0.112%	$126K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	−0.365%	$31K	$5K	12x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	71.283	−0.066%	$12.0M	$3.4M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.276	−0.076%	$324K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0060%	1h	71.430	+0.140%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDTshort	+0.0100%	1h	71.290	−0.056%	$44K	$135K	50x
Aevo RKLB-PERP	+0.0104%	1h	71.293	−0.052%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.340	+0.014%	$233K	$313K	20x	as long as short