Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.028%

Price spread now: OKX against tradeXYZ+0.011%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days+0.018%+$2 · spread now +0.011%, 7d avg +0.097%

Together, before fees+0.008%+ Points / potential airdroptradeXYZ: Active · farm board+$1 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 OKX is 0.086% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.097%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:RKLB	70.942	0.0050	pay 0.0006% / 1h	38m 02s	$11.9M	$3.5M	10x
Short	OKX RKLB-USDT-SWAP	70.950	0	get 0.0000% / 8h	3h 38m	$4.0M	$5.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against tradeXYZ. 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 tradeXYZbpFee OKXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$10.5
Price spread: +0.011% → +0.097%: −$8.6
Slippage, 4 orders: −$21.2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$68.29
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; OKX: live order book, 5 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 tradeXYZ live order book, 11 min ago	1.47 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.81 bp	9.8 bp −$10	35.7 bp −$357	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
KuCoin RKLBUSDTM	−0.0206%	8h	70.940	−0.003%	$1.2M	$130K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.939	−0.005%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.950	+0.011%	$14K	$191K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.997	+0.077%	$11.1M	$39.3M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.990	+0.068%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAPshort	0.0000%	8h	70.950	+0.011%	$4.0M	$5.6M	20x
Gate RKLB_USDT	0.0000%	8h	71.000	+0.082%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.000	+0.082%	$4.5M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.143	+0.283%	$299K	$330K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	71.142	+0.281%	$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	71.010	+0.096%	$1K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.120	+0.251%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.990	+0.068%	$2.0M	$863K	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.080	+0.195%	$125K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+0.180%	$31K	$5K	12x	as long as short
QFEX RKLB-USD	+0.0044%	1h	71.010	+0.096%	$1.2M	$1.6M	10x	as long as short
tradeXYZ xyz:RKLBlong	+0.0050%	1h	70.942	long leg	$11.9M	$3.5M	10x
Polymarket Perps RKLB-USD	+0.0050%	1h	70.955	+0.018%	$323K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0065%	1h	71.160	+0.307%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.310	+0.519%	$44K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.951	+0.013%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.040	+0.138%	$232K	$312K	20x	as long as short
edgeX RKLBUSDC	+0.0636%	4h	71.165	+0.314%	$42K	$261K	10x	as long as short