Funding you earn now, next payment 05:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h −0.005%
Price spread now: KuCoin against Polymarket Perps−0.051%49s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as 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−$3483.482% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now −0.051%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.073% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps RKLB-USD | 70.696 | 0.0050 | pay 0.0006% / 1h | 16m 47s | $322K | $1.7M | 10x |
| Short | KuCoin RKLBUSDTM | 70.660 | −0.0254 | pay 0.0254% / 8h | 3h 16m | $1.2M | $130K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.84
- Price spread: −0.051% → +0.022%
- −$7.32
- Slippage, 4 orders
- −$328.25
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$419.41
- Costs to cover
- 3.482%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 1.42 bp | 8.8 bp −$9 | 8.9 bp −$89 | 22.9 bp −$2,286 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.80 bp | 64.9 bp −$65 | 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 | −0.0996% | 4h | 70.828 | +0.186% | $42K | $262K | 10x | as long as short |
| KuCoin RKLBUSDTMshort | −0.0254% | 8h | 70.660 | −0.051% | $1.2M | $130K | 20x | |
| Bitget RKLBUSDT | −0.0107% | 8h | 70.880 | +0.260% | $4.5M | $5.2M | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 70.770 | +0.105% | $24K | $49K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 70.780 | +0.118% | $15K | $231K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 70.835 | +0.196% | $11.1M | $39.9M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 70.830 | +0.190% | $2.4M | $2.0M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 70.860 | +0.232% | $3.9M | $5.6M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.800 | +0.147% | $4.9M | $16.5M | 75x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 70.868 | +0.243% | $294K | $333K | — | 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 | 70.759 | +0.089% | $6K | $156K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 70.720 | +0.034% | $1K | $6.1M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 70.470 | −0.320% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDT | 0.0000% | 8h | 70.790 | +0.133% | $2.0M | $883K | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 70.930 | +0.331% | $125K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 71.070 | +0.529% | $31K | $5K | 12x | as long as short |
| QFEX RKLB-USD | +0.0044% | 1h | 70.710 | +0.020% | $1.2M | $1.6M | 10x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 70.779 | +0.117% | $11.9M | $3.5M | 10x | as long as short |
| Polymarket Perps RKLB-USDlong | +0.0050% | 1h | 70.696 | long leg | $322K | $1.7M | 10x | |
| Vest RKLB-USD-PERP | +0.0063% | 1h | 70.820 | +0.175% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 70.560 | −0.192% | $43K | $132K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 70.712 | +0.023% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 70.780 | +0.119% | $232K | $312K | 20x | as long as short |
Polymarket Perps RKLB-USD
KuCoin RKLBUSDTM
edgeX RKLBUSDC
Bitget RKLBUSDT
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Phemex RKLBUSDT
Lighter RKLB
Injective RKLB/USDC PERP
tradeXYZ xyz:RKLB
ApeX Omni RKLBUSDT
BloFin RKLB-USDT