Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.001%

Price spread now: Binance against Polymarket Perps+0.009%46s7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as 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−$310.307% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 2 days (all we have)+0.073%+$7 · spread now +0.009%, 7d avg +0.043%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.035% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.043%). Swap the legs. The two prices were read 46 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	Polymarket Perps RKLB-USD	70.394	0.0050	pay 0.0006% / 1h	13m 44s	$271K	$205K	10x
Short	Binance RKLBUSDT	70.400	0	get 0.0000% / 8h	1h 13m	$11.0M	$37.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.009%Rate

Funding earned: −$10.5
Price spread: +0.009% → +0.043%: −$3.47
Slippage, 4 orders: −$12.73
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.7
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Binance: live order book, 13 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 Polymarket Perps live order book, 3 min ago	2.35 bp	7.5 bp −$8	7.8 bp −$78	14.3 bp −$1,429	doesn't fit
Sell Binance live order book, 13 min ago	0.71 bp	9.3 bp −$9	22.9 bp −$229	84.1 bp −$8,411	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	−0.0827%	4h	70.319	−0.106%	$41K	$257K	10x	as long as short
KuCoin RKLBUSDTM	−0.0261%	8h	70.350	−0.063%	$1.2M	$124K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.379	−0.022%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.386	−0.012%	$11K	$170K	10x	as long as short
Binance RKLBUSDTshort	0.0000%	8h	70.400	+0.009%	$11.0M	$37.7M	20x
Bybit RKLBUSDT	0.0000%	8h	70.380	−0.020%	$2.5M	$1.8M	25x	as long as short
Gate RKLB_USDT	0.0000%	8h	70.400	+0.009%	$3.9M	$15.9M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	70.420	+0.037%	$4.4M	$4.9M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	70.316	−0.111%	$239K	$386K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	70.313	−0.116%	$6K	$152K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX RKLB-USDT	0.0000%	8h	70.400	+0.009%	$1K	$6.6M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.380	−0.020%	$10K	$25K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.400	+0.009%	$2.0M	$777K	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.520	+0.179%	$125K	$49K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−0.972%	$30K	$6K	12x	as long as short
QFEX RKLB-USD	+0.0037%	1h	70.370	−0.034%	$1.2M	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0046%	1h	70.530	+0.193%	—	$303K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	70.394	0.000%	$11.8M	$2.9M	10x	as long as short
Polymarket Perps RKLB-USDlong	+0.0050%	1h	70.394	long leg	$271K	$205K	10x
ApeX Omni RKLBUSDT	+0.0100%	1h	70.320	−0.105%	$43K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.382	−0.017%	—	—	10x	as long as short
OKX RKLB-USDT-SWAP	+0.0116%	8h	70.410	+0.023%	$4.2M	$5.0M	20x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.400	+0.009%	$239K	$305K	20x	as long as short