Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0379%/8h= −41.5% APRpaid last 24h −0.001%

Price spread now: KuCoin against QFEX−0.014%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$471as in the Price arb table

costs, in and out, $10k−$4704.700% of the position

Long on QFEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.071%+$7 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.014%, 7d avg −0.004%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.071%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.071% in total (about 7.1% 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	QFEX RKLB-USD	70.040	0.0030	pay 0.0004% / 1h	24m 33s	$1.2M	$1.6M	10x
Short	KuCoin RKLBUSDTM	70.030	−0.0349	pay 0.0349% / 8h	2h 24m	$1.2M	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against QFEX. 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 QFEXbpFee KuCoinbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$79.62
Price spread: −0.014% → −0.004%: −$1.02
Slippage, 4 orders: −$448.04
Fee QFEX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$550.68
Costs to cover: 4.700%
Break-even: never at this rate

Slippage from QFEX: live order book, 2 min ago; KuCoin: 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 QFEX live order book, 2 min ago	1.43 bp	10.7 bp −$11	15.0 bp −$150	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	8.55 bp	167.8 bp −$168	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
Bitget RKLBUSDT	−0.0545%	8h	70.140	+0.143%	$4.4M	$5.3M	20x	as long as short
edgeX RKLBUSDC	−0.0450%	4h	70.194	+0.220%	$41K	$261K	10x	as long as short
KuCoin RKLBUSDTMshort	−0.0349%	8h	70.030	−0.014%	$1.2M	$130K	20x
Aster RKLBUSDT	0.0000%	8h	70.055	+0.022%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.049	+0.012%	$13K	$209K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.061	+0.030%	$10.9M	$40.5M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.050	+0.014%	$2.4M	$2.0M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.080	+0.057%	$3.9M	$5.6M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	70.090	+0.071%	$4.8M	$16.5M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	70.103	+0.091%	$273K	$351K	—	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	70.310	+0.385%	$6K	$161K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	70.100	+0.086%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.120	+0.114%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.110	+0.100%	$2.0M	$920K	10x	as long as short
QFEX RKLB-USDlong	+0.0030%	1h	70.040	long leg	$1.2M	$1.6M	10x
Lighter RKLB	+0.0032%	1h	70.150	+0.157%	$124K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+1.471%	$31K	$5K	12x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.023	−0.024%	$319K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0054%	1h	70.140	+0.143%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.160	+0.171%	$43K	$132K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.096	+0.079%	—	—	10x	as long as short
tradeXYZ xyz:RKLB	+0.0106%	1h	70.016	−0.034%	$11.8M	$3.5M	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.130	+0.128%	$228K	$310K	20x	as long as short