Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.025%
Price spread now: Phemex against Lighter−0.243%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1241.235% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.243%, 7d avg −0.120%
=Together, before fees−0.114%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.123% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RKLB | 70.100 | 0.0032 | pay 0.0004% / 1h | 19m 49s | $124K | $59K | 10x |
| Short | Phemex RKLBUSDT | 69.930 | 0 | get 0.0000% / 8h | 7h 19m | $2.0M | $991K | 10x |
Lighter RKLB
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Lighter. 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
- −$6.72
- Price spread: −0.243% → −0.120%
- −$12.3
- Slippage, 4 orders
- −$111.54
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$142.55
- Costs to cover
- 1.235%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 59 min ago; Phemex: live order book, 4 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 Lighter live order book, 59 min ago | 13.40 bp | 32.1 bp −$32 | 35.1 bp −$351 | 88.5 bp −$8,854 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.16 bp | 40.7 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX RKLBUSDC | −0.0526% | 4h | 69.488 | −0.873% | $41K | $264K | 10x | as long as short |
| KuCoin RKLBUSDTM | −0.0328% | 8h | 69.850 | −0.357% | $1.2M | $168K | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 69.872 | −0.326% | $25K | $55K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 69.923 | −0.252% | $17K | $211K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 70.020 | −0.114% | $10.9M | $43.7M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 70.020 | −0.114% | $2.4M | $2.2M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 69.990 | −0.157% | $3.9M | $5.9M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.050 | −0.071% | $4.7M | $16.5M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 70.040 | −0.086% | $4.4M | $5.9M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 69.890 | −0.300% | $289K | $389K | — | as long as short |
edgeX RKLBUSDC
KuCoin RKLBUSDTM
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLBShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 69.530 | −0.813% | $6K | $177K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 69.910 | −0.271% | $2K | $5.9M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 69.530 | −0.813% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 69.930 | −0.243% | $2.0M | $991K | 10x | |
| QFEX RKLB-USD | +0.0032% | 1h | 69.900 | −0.285% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLBlong | +0.0032% | 1h | 70.100 | long leg | $124K | $59K | 10x | |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 69.250 | −1.213% | $30K | $6K | 12x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 70.002 | −0.140% | $11.7M | $3.6M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 69.924 | −0.251% | $318K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0079% | 1h | 69.990 | −0.157% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 69.450 | −0.927% | $43K | $133K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 69.902 | −0.282% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 69.870 | −0.328% | $234K | $311K | 20x | as long as short |
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
QFEX RKLB-USD
Injective RKLB/USDC PERP
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT