Settings8H · net · $10k
Funding arb · Price arb /

RKLB

RWAall RKLB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.026%
Price spread now: Lighter against Phemex+0.227%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
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)−0.085%−$9 · spread now +0.227%, 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.109% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex RKLBUSDT70.5100get 0.0000% / 8h49m 22s$2.0M$946K10x
ShortLighter RKLB70.6700.0032get 0.0004% / 1h49m 22s$124K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$6.72
Price spread: +0.227% → +0.118%
$10.9
Slippage, 4 orders
−$123.88
Fee Phemex: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$118.27
Costs to cover
1.359%
Break-even
130.2 days
Slippage from Phemex: live order book, 4 min ago; Lighter: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago2.13 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 35 min ago8.52 bp8.5 bp −$910.7 bp −$10773.4 bp −$7,341doesn't fit

RKLB on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RKLBUSDT−0.0498%8h70.620+0.156%$4.5M$5.4M20xas long as short
KuCoin RKLBUSDTM−0.0407%8h70.520+0.014%$1.2M$132K20xas long as short
Aster RKLBUSDT0.0000%8h70.578+0.097%$24K$45K20xas long as short
Extended RKLB-USD0.0000%1h70.561+0.073%$13K$169K10xas long as short
Binance RKLBUSDT0.0000%8h70.630+0.170%$11.0M$41.0M20xas long as short
Bybit RKLBUSDT0.0000%8h70.600+0.128%$2.4M$2.1M25xas long as short
OKX RKLB-USDT-SWAP0.0000%8h70.610+0.142%$3.9M$5.8M20xas long as short
Gate RKLB_USDT0.0000%8h70.540+0.043%$4.8M$16.7M75xas long as short
Variational Omni RKLB0.0000%8h70.426−0.119%$274K$367Kas long as short
GRVT RKLB_USDT_Perp0.0000%8h70.425−0.120%$6K$174K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX RKLB-USDT0.0000%8h70.470−0.057%$1K$6.0M10xas long as short
HTX RKLB-USDT0.0000%8h70.390−0.170%$9K$27K20xas long as short
Phemex RKLBUSDTlong0.0000%8h70.510long leg$2.0M$946K10x
QFEX RKLB-USD+0.0026%1h70.530+0.028%$1.2M$1.7M10xas long as short
Lighter RKLBshort+0.0032%1h70.670+0.227%$124K$44K10x
Injective RKLB/USDC PERP+0.0033%1h71.070+0.794%$31K$5K12xas long as short
Vest RKLB-USD-PERP+0.0049%1h70.670+0.227%$214K25xas long as short
tradeXYZ xyz:RKLB+0.0050%1h70.570+0.085%$11.9M$3.5M10xas long as short
Polymarket Perps RKLB-USD+0.0050%1h70.556+0.065%$321K$1.8M10xas long as short
ApeX Omni RKLBUSDT+0.0100%1h70.470−0.057%$43K$134K50xas long as short
Aevo RKLB-PERP+0.0104%1h70.601+0.129%10xas long as short
BloFin RKLB-USDT+0.0120%8h70.390−0.170%$229K$312K20xas long as short
edgeX RKLBUSDC+0.0690%4h70.336−0.247%$41K$264K10xas long as short