Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0029%/8h= +3.2% APRpaid last 24h +0.006%

Price spread now: QFEX against Binance−0.216%53s7-day average −0.053% · 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—prices read too far apart to compare

costs, in and out, $10k−$360.359% of the position

Long on Binance Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 7 days+0.156%+$16 · spread now −0.216%, 7d avg −0.053%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.163% cheaper against Binance than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.053%). If the spread goes back, that is −$16 on $10k: about 19 days of funding at the current rate (+$1 a day). The two prices were read 53 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	Binance RKLBUSDT	72.005	0	get 0.0000% / 8h	5h 43m	$11.4M	$45.2M	20x
Short	QFEX RKLB-USD	71.850	0.0029	get 0.0004% / 1h	43m 48s	$1.2M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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 BinancebpFee QFEXbpOrdersPrice spread, now −0.216%Rate

Funding earned: $6.05
Price spread: −0.216% → −0.053%: −$16.3
Slippage, 4 orders: −$15.85
Fee Binance: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$46.11
Costs to cover: 0.359%
Break-even: 60.4 days

Slippage from Binance: live order book, 6 min ago; QFEX: 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 Binance live order book, 6 min ago	1.38 bp	10.2 bp −$10	25.0 bp −$250	104.4 bp −$10.4K	doesn't fit
Sell QFEX live order book, 6 min ago	2.07 bp	7.1 bp −$7	9.9 bp −$99	doesn't fit	doesn't fit

RKLB on 23 exchanges

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
Injective RKLB/USDC PERP	−0.0180%	1h	71.400	−0.841%	$31K	$6K	12x	as long as short
edgeX RKLBUSDC	−0.0164%	4h	72.092	+0.120%	$42K	$267K	10x	as long as short
KuCoin RKLBUSDTM	−0.0094%	8h	71.930	−0.105%	$1.2M	$233K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.959	−0.065%	$26K	$55K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.935	−0.097%	$14K	$220K	10x	as long as short
Binance RKLBUSDTlong	0.0000%	8h	72.005	long leg	$11.4M	$45.2M	20x
Bybit RKLBUSDT	0.0000%	8h	71.990	−0.021%	$2.4M	$2.4M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	72.040	+0.048%	$4.2M	$6.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.980	−0.035%	$4.6M	$16.7M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	72.020	+0.020%	$4.6M	$6.3M	20x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni RKLB	0.0000%	8h	72.037	+0.043%	$302K	$419K	—	as long as short
SunX RKLB-USDT	0.0000%	8h	71.880	−0.174%	$2K	$5.6M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.970	−0.049%	$9K	$6K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	72.000	−0.007%	$2.0M	$1.0M	10x	as long as short
QFEX RKLB-USDshort	+0.0029%	1h	71.850	−0.216%	$1.2M	$1.7M	10x
Lighter RKLB	+0.0032%	1h	72.090	+0.118%	$127K	$60K	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.850	−0.216%	$323K	$1.7M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0067%	1h	71.952	−0.074%	$12.1M	$3.8M	10x	as long as short
Vest RKLB-USD-PERP	+0.0093%	1h	72.090	+0.118%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	72.150	+0.201%	$44K	$135K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.917	−0.123%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	72.000	−0.007%	$245K	$329K	20x	as long as short
GRVT RKLB_USDT_Perp	+0.0221%	8h	72.170	+0.229%	$6K	$186K	10x	as long as short