Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.029%
Price spread now: Phemex against Injective+3.228%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 3.228% dearer against Injective than usual: you sell high and buy low (spread +3.228% now, against zero (this spread has no 7-day history yet)): +$323 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 months. Mind the row above: over the last 7 days funding on this pair paid +0.263%, so the current rate has only just turned against you. The two prices were read 65 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 | Injective RKLB/USDC PERP | 69.710 | 0.0033 | pay 0.0004% / 1h | 46m 01s | $30K | $6K | 12x |
| Short | Phemex RKLBUSDT | 71.960 | 0 | get 0.0000% / 8h | 7h 46m | $2.1M | $789K | 10x |
Injective RKLB/USDC PERP
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7
- Price spread: +3.228% → 0.000%
- $322.77
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $303.75
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.78 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0098% | 8h | 71.830 | +3.041% | $1.2M | $125K | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 71.896 | +3.136% | $25K | $53K | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.990 | +3.271% | $2.5M | $1.8M | 25x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.990 | +3.271% | $5.0M | $15.3M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.990 | +3.271% | $4.7M | $5.0M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.984 | +3.262% | $268K | $413K | — | as long as short |
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.868 | +3.096% | $6K | $138K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.990 | +3.271% | $1K | $6.3M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.890 | +3.127% | $10K | $25K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 71.960 | +3.228% | $2.1M | $789K | 10x |
KuCoin RKLBUSDTM
Aster RKLBUSDT
Bybit RKLBUSDT
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX RKLB-USD | +0.0030% | 1h | 71.980 | +3.256% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 72.070 | +3.385% | $127K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERPlong | +0.0033% | 1h | 69.710 | long leg | $30K | $6K | 12x | |
| Extended RKLB-USD | +0.0040% | 1h | 71.935 | +3.192% | $16K | $172K | 10x | as long as short |
| Binance RKLBUSDT | +0.0041% | 8h | 71.983 | +3.260% | $11.3M | $37.8M | 20x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 71.935 | +3.192% | $12.0M | $2.9M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 71.949 | +3.212% | $328K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0073% | 1h | 72.110 | +3.443% | — | $328K | 25x | as long as short |
| OKX RKLB-USDT-SWAP | +0.0078% | 8h | 72.020 | +3.314% | $4.1M | $5.2M | 20x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.870 | +3.099% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.925 | +3.177% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0157% | 8h | 72.020 | +3.314% | $234K | $311K | 20x | as long as short |
| edgeX RKLBUSDC | +0.0883% | 4h | 71.893 | +3.131% | $42K | $257K | 10x | as long as short |
QFEX RKLB-USD
Lighter RKLB
Extended RKLB-USD
Binance RKLBUSDT
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
OKX RKLB-USDT-SWAP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT
edgeX RKLBUSDC