Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.020%

Price spread now: Lighter against KuCoin+0.240%7-day average +0.167% · you sell dearer than you buy

Net, funding: paid 7d − costs−$539as in the Funding arb table

Net, price: spread back to 7d avg − costs−$536as in the Price arb table

costs, in and out, $10k−$5435.430% of the position

Long on KuCoin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.240%, 7d avg +0.167%

Together, before fees−0.024%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.073% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.167%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RKLBUSDTM	70.970	−0.0126	get 0.0126% / 8h	6h 13m	$1.2M	$129K	20x
Short	Lighter RKLB	71.140	0.0032	get 0.0004% / 1h	13m 11s	$125K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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 KuCoinbpFee LighterbpOrdersPrice spread, now +0.240%Rate

Funding earned: $33.18
Price spread: +0.240% → +0.167%: $7.3
Slippage, 4 orders: −$531.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$502.54
Costs to cover: 5.430%
Break-even: 113.0 days

Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 36 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 KuCoin live order book, 2 min ago	7.04 bp	243.4 bp −$243	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 36 min ago	11.97 bp	12.0 bp −$12	14.1 bp −$141	71.3 bp −$7,126	doesn't fit

RKLB on 22 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	−0.0983%	4h	71.111	+0.198%	$42K	$259K	10x	as long as short
KuCoin RKLBUSDTMlong	−0.0126%	8h	70.970	long leg	$1.2M	$129K	20x
Bitget RKLBUSDT	−0.0023%	8h	71.070	+0.141%	$4.5M	$5.1M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.009	+0.055%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.022	+0.074%	$15K	$202K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.048	+0.110%	$11.0M	$38.5M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.060	+0.127%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.050	+0.113%	$4.0M	$5.4M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.050	+0.113%	$4.8M	$16.4M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	71.107	+0.193%	$298K	$340K	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT RKLB_USDT_Perp	0.0000%	8h	71.106	+0.192%	$6K	$141K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.100	+0.183%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.090	+0.169%	$9K	$26K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.060	+0.127%	$2.0M	$808K	10x	as long as short
QFEX RKLB-USD	+0.0024%	1h	71.080	+0.155%	$1.2M	$1.6M	10x	as long as short
Lighter RKLBshort	+0.0032%	1h	71.140	+0.240%	$125K	$44K	10x
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.775%	$30K	$5K	12x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.993	+0.032%	$323K	$1.7M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0053%	1h	70.993	+0.032%	$12.1M	$3.3M	10x	as long as short
Vest RKLB-USD-PERP	+0.0056%	1h	71.190	+0.310%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.110	+0.197%	$44K	$135K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.027	+0.081%	—	—	10x	as long as short