Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.012%

Price spread now: QFEX against SunX−0.028%7-day average −0.007% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.028%, 7d avg −0.007%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of −0.007%). If the spread goes back, that is −$2 on $10k: about 44 hours of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.018% in total) that is about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX RKLB-USDT	71.690	0	get 0.0000% / 8h	4h 16m	$2K	$6.1M	10x
Short	QFEX RKLB-USD	71.670	0.0038	get 0.0005% / 1h	16m 45s	$1.2M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SunX. 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 SunXbpFee QFEXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $8.03
Price spread: −0.028% → −0.007%: −$2.09
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$12.06
Costs to cover: 0.180%
Break-even: 17.5 days

Slippage unknown: SunX: live order book, 12 min ago; QFEX: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 12 min ago	45.37 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.39 bp	6.4 bp −$6	8.7 bp −$87	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	−0.0529%	4h	71.666	−0.034%	$42K	$261K	10x	as long as short
KuCoin RKLBUSDTM	−0.0135%	8h	71.550	−0.195%	$1.2M	$130K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.603	−0.121%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.661	−0.040%	$14K	$191K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.680	−0.014%	$11.2M	$39.0M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.670	−0.028%	$2.5M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.640	−0.070%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.680	−0.014%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.670	−0.028%	$4.6M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.667	−0.032%	$300K	$329K	—	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	71.680	−0.014%	$6K	$145K	10x	as long as short
SunX RKLB-USDTlong	0.0000%	8h	71.690	long leg	$2K	$6.1M	10x
HTX RKLB-USDT	0.0000%	8h	71.660	−0.042%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.660	−0.042%	$2.0M	$841K	10x	as long as short
Injective RKLB/USDC PERP	+0.0018%	1h	71.070	−0.865%	$31K	$5K	12x	as long as short
Lighter RKLB	+0.0032%	1h	71.770	+0.112%	$126K	$44K	10x	as long as short
QFEX RKLB-USDshort	+0.0038%	1h	71.670	−0.028%	$1.2M	$1.6M	10x
Polymarket Perps RKLB-USD	+0.0050%	1h	71.629	−0.085%	$326K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0064%	1h	71.800	+0.153%	—	$214K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0095%	1h	71.616	−0.103%	$12.1M	$3.4M	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.610	−0.112%	$44K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.656	−0.048%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.710	+0.028%	$234K	$315K	20x	as long as short