Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex+0.112%77s7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1971.971% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.112%, 7d avg +0.008%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.104% dearer against Phemex than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 77 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	Phemex RKLBUSDT	71.200	0	get 0.0000% / 8h	6h 59m	$2.0M	$797K	10x
Short	ApeX Omni RKLBUSDT	71.280	0.0100	get 0.0013% / 1h	59m 52s	$44K	$134K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now +0.112%Rate

Funding earned: $21
Price spread: +0.112% → +0.008%: $10.39
Slippage, 4 orders: −$175.12
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$165.73
Costs to cover: 1.971%
Break-even: 62.2 days

Slippage from Phemex: live order book, 3 min ago; ApeX Omni: 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 Phemex live order book, 3 min ago	0.70 bp	67.7 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	25.25 bp	37.3 bp −$37	212.1 bp −$2,121	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
KuCoin RKLBUSDTM	−0.0176%	8h	71.150	−0.070%	$1.2M	$128K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.137	−0.089%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.150	−0.070%	$14K	$194K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.176	−0.033%	$11.1M	$38.2M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.200	0.000%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.200	0.000%	$4.0M	$5.3M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.210	+0.014%	$4.8M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.200	0.000%	$4.5M	$5.0M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.163	−0.053%	$265K	$323K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	71.328	+0.180%	$6K	$137K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX RKLB-USDT	0.0000%	8h	71.190	−0.014%	$2K	$6.2M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.130	−0.098%	$10K	$25K	20x	as long as short
Phemex RKLBUSDTlong	0.0000%	8h	71.200	long leg	$2.0M	$797K	10x
QFEX RKLB-USD	+0.0030%	1h	71.190	−0.014%	$1.2M	$1.6M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.320	+0.169%	$126K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−2.093%	$30K	$6K	12x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	71.168	−0.045%	$12.0M	$3.1M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.186	−0.020%	$324K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0061%	1h	71.320	+0.169%	—	$234K	25x	as long as short
ApeX Omni RKLBUSDTshort	+0.0100%	1h	71.280	+0.112%	$44K	$134K	50x
Aevo RKLB-PERP	+0.0104%	1h	71.174	−0.037%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.160	−0.056%	$233K	$308K	20x	as long as short
edgeX RKLBUSDC	+0.0567%	4h	71.337	+0.192%	$42K	$258K	10x	as long as short