Settings8H · net · $10k
Funding arb · Price arb /

RKLB

RWAall RKLB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0201%/8h= +22.1% APRpaid last 24h −0.031%
Price spread now: Lighter against edgeX+0.473%49s7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.559%−$56 · spread now +0.473%, 7d avg +0.116%
Together, before fees−0.583%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.357% dearer against edgeX than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of +0.116%. 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 -0.024% in total (about -1.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX RKLBUSDC71.631−0.0169get 0.0085% / 4h10m 29s$42K$262K10x
ShortLighter RKLB71.9700.0032get 0.0004% / 1h10m 29s$127K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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

Funding earned
$42.3
Price spread: +0.473% → +0.116%
$35.75
Slippage, 4 orders
−$53.57
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
$15.47
Costs to cover
0.626%
Break-even
4.4 days
Slippage from edgeX: live order book, 47 min ago; Lighter: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 47 min ago7.00 bp12.7 bp −$1328.3 bp −$283doesn't fitdoesn't fit
Sell Lighter live order book, 29 min ago11.16 bp11.2 bp −$1113.3 bp −$13367.1 bp −$6,710doesn't fit

RKLB on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX RKLBUSDClong−0.0169%4h71.631long leg$42K$262K10x
KuCoin RKLBUSDTM−0.0143%8h71.730+0.138%$1.2M$130K20xas long as short
Aster RKLBUSDT0.0000%8h71.812+0.253%$25K$49K20xas long as short
Extended RKLB-USD0.0000%1h71.860+0.320%$14K$193K10xas long as short
Binance RKLBUSDT0.0000%8h71.860+0.320%$11.3M$39.1M20xas long as short
Bybit RKLBUSDT0.0000%8h71.810+0.250%$2.5M$1.9M25xas long as short
OKX RKLB-USDT-SWAP0.0000%8h71.880+0.348%$4.0M$5.5M20xas long as short
Gate RKLB_USDT0.0000%8h71.880+0.348%$4.9M$16.4M75xas long as short
Bitget RKLBUSDT0.0000%8h71.870+0.334%$4.6M$5.2M20xas long as short
Variational Omni RKLB0.0000%8h71.812+0.252%$301K$329Kas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT RKLB_USDT_Perp0.0000%8h71.680+0.068%$6K$145K10xas long as short
SunX RKLB-USDT0.0000%8h71.830+0.278%$2K$6.1M10xas long as short
HTX RKLB-USDT0.0000%8h71.770+0.194%$9K$27K20xas long as short
Phemex RKLBUSDT0.0000%8h71.840+0.292%$2.0M$846K10xas long as short
Injective RKLB/USDC PERP+0.0018%1h71.070−0.783%$31K$5K12xas long as short
Lighter RKLBshort+0.0032%1h71.970+0.473%$127K$44K10x
QFEX RKLB-USD+0.0038%1h71.840+0.292%$1.2M$1.6M10xas long as short
Polymarket Perps RKLB-USD+0.0050%1h71.815+0.257%$327K$1.7M10xas long as short
Vest RKLB-USD-PERP+0.0065%1h71.980+0.487%$214K25xas long as short
tradeXYZ xyz:RKLB+0.0100%1h71.834+0.284%$12.1M$3.4M10xas long as short
ApeX Omni RKLBUSDT+0.0100%1h71.630−0.001%$44K$133K50xas long as short
Aevo RKLB-PERP+0.0104%1h71.808+0.247%10xas long as short
BloFin RKLB-USDT+0.0120%8h71.770+0.194%$234K$316K20xas long as short