Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.024%
Price spread now: tradeXYZ against Phemex−0.154%48s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as 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−$1141.145% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.154%, 7d avg −0.068%
=Together, before fees+0.339%+ Points / potential airdroptradeXYZ: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.086% cheaper against Phemex than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.068%). If the spread goes back, that is −$9 on $10k: about 5.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.220% in total) that is about 2.7 days. The two prices were read 48 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 | 70.970 | 0 | get 0.0000% / 8h | 32m 26s | $2.0M | $959K | 10x |
| Short | tradeXYZ xyz:RKLB | 70.861 | 0.0050 | get 0.0006% / 1h | 32m 26s | $11.9M | $3.5M | 10x |
Phemex RKLBUSDT
tradeXYZ xyz:RKLBFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.154% → −0.068%
- −$8.6
- Slippage, 4 orders
- −$84.48
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$112.58
- Costs to cover
- 1.145%
- Break-even
- 82.1 days
Slippage from Phemex: live order book, 1 min ago; tradeXYZ: live order book, 6 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 | 2.82 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 2.26 bp | 13.0 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX RKLBUSDC | −0.0416% | 4h | 71.066 | +0.136% | $42K | $264K | 10x | as long as short |
| KuCoin RKLBUSDTM | −0.0375% | 8h | 70.820 | −0.211% | $1.2M | $132K | 20x | as long as short |
| Bitget RKLBUSDT | −0.0137% | 8h | 70.950 | −0.028% | $4.5M | $5.5M | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 70.890 | −0.113% | $24K | $50K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 70.911 | −0.083% | $14K | $206K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 70.900 | −0.099% | $11.0M | $41.2M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 70.900 | −0.099% | $2.4M | $2.1M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 70.960 | −0.014% | $3.9M | $5.8M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.920 | −0.070% | $4.8M | $16.7M | 75x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.066 | +0.135% | $278K | $369K | — | as long as short |
edgeX RKLBUSDC
KuCoin RKLBUSDTM
Bitget RKLBUSDT
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Variational Omni RKLBShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.146 | +0.248% | $6K | $174K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.010 | +0.056% | $2K | $6.0M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.040 | +0.099% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTlong | 0.0000% | 8h | 70.970 | long leg | $2.0M | $959K | 10x | |
| QFEX RKLB-USD | +0.0026% | 1h | 70.910 | −0.085% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 71.030 | +0.085% | $125K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 71.070 | +0.141% | $31K | $5K | 12x | as long as short |
| tradeXYZ xyz:RKLBshort | +0.0050% | 1h | 70.861 | −0.154% | $11.9M | $3.5M | 10x | |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 70.860 | −0.155% | $323K | $1.8M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0054% | 1h | 71.080 | +0.155% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.070 | +0.141% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 70.987 | +0.025% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 71.020 | +0.070% | $228K | $315K | 20x | as long as short |
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
QFEX RKLB-USD
Lighter RKLB
Injective RKLB/USDC PERP
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT