Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRnext payment −$1.16 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against Phemex−0.112%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4394.392% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.112%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.064% cheaper against Phemex than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex RKLBUSDT | 71.190 | 0 | get 0.0000% / 8h | 5h 52m | $2.0M | $810K | 10x |
| Short | KuCoin RKLBUSDTM | 71.110 | −0.0116 | pay 0.0116% / 8h | 5h 52m | $1.2M | $129K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- −$24.36
- Price spread: −0.112% → −0.048%
- −$6.43
- Slippage, 4 orders
- −$415.18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$469.97
- Costs to cover
- 4.392%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 0.70 bp | 60.5 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.54 bp | 90.1 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
RKLB on 22 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 | −0.0879% | 4h | 71.200 | +0.014% | $42K | $258K | 10x | as long as short |
| KuCoin RKLBUSDTMshort | −0.0116% | 8h | 71.110 | −0.112% | $1.2M | $129K | 20x | |
| Aster RKLBUSDT | 0.0000% | 8h | 71.161 | −0.041% | $25K | $53K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 71.204 | +0.019% | $14K | $199K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 71.190 | 0.000% | $11.0M | $38.6M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.210 | +0.028% | $2.4M | $1.9M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 71.240 | +0.070% | $4.0M | $5.4M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.210 | +0.028% | $4.8M | $16.4M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.210 | +0.028% | $4.5M | $5.1M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.218 | +0.040% | $298K | $340K | — | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.225 | +0.050% | $6K | $142K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.180 | −0.014% | $2K | $6.1M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.180 | −0.014% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTlong | 0.0000% | 8h | 71.190 | long leg | $2.0M | $810K | 10x | |
| QFEX RKLB-USD | +0.0023% | 1h | 71.190 | 0.000% | $1.2M | $1.5M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 71.310 | +0.169% | $126K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 69.710 | −2.079% | $30K | $5K | 12x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 71.145 | −0.063% | $324K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:RKLB | +0.0055% | 1h | 71.170 | −0.028% | $12.1M | $3.3M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0058% | 1h | 71.310 | +0.169% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.220 | +0.042% | $44K | $135K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.176 | −0.020% | — | — | 10x | as long as short |
Phemex RKLBUSDT
KuCoin RKLBUSDTM
edgeX RKLBUSDC
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Lighter RKLB
Injective RKLB/USDC PERP
Polymarket Perps RKLB-USD
tradeXYZ xyz:RKLB
ApeX Omni RKLBUSDT