Funding you earn now, next payment 01:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.029%
Price spread now: Injective against Phemex−3.127%55s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Injective is 3.127% cheaper against Phemex than usual: you would sell low and buy high (spread −3.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$313 on $10k: about 10 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.263%, so the current rate has only just turned in your favour. The two prices were read 55 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 | 71.960 | 0 | get 0.0000% / 8h | 7h 45m | $2.1M | $789K | 10x |
| Short | Injective RKLB/USDC PERP | 69.710 | 0.0033 | get 0.0004% / 1h | 45m 22s | $30K | $6K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phemex. 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: −3.127% → 0.000%
- −$312.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$317.69
- Costs to cover
- 0.120%
- Break-even
- 324.7 days
Slippage unknown: Phemex: live order book, 3 min ago; Injective: no order-book sample. 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 Phemex live order book, 3 min ago | 2.78 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0097% | 8h | 71.840 | −0.167% | $1.2M | $126K | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 71.907 | −0.074% | $25K | $53K | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.960 | 0.000% | $2.5M | $1.8M | 25x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.950 | −0.014% | $5.1M | $15.4M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.930 | −0.042% | $4.7M | $5.0M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.984 | +0.033% | $268K | $413K | — | as long as short |
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.868 | −0.128% | $6K | $138K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.930 | −0.042% | $1K | $6.3M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.890 | −0.097% | $10K | $25K | 20x | as long as short |
| Phemex RKLBUSDTlong | 0.0000% | 8h | 71.960 | long leg | $2.1M | $789K | 10x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX RKLB-USD | +0.0030% | 1h | 71.960 | 0.000% | $1.2M | $1.7M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 72.080 | +0.167% | $127K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERPshort | +0.0033% | 1h | 69.710 | −3.127% | $30K | $6K | 12x | |
| Binance RKLBUSDT | +0.0047% | 8h | 71.910 | −0.069% | $11.3M | $37.8M | 20x | as long as short |
| Extended RKLB-USD | +0.0048% | 1h | 71.875 | −0.118% | $16K | $172K | 10x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 71.906 | −0.075% | $12.0M | $2.9M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 71.942 | −0.025% | $328K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0073% | 1h | 72.100 | +0.195% | — | $328K | 25x | as long as short |
| OKX RKLB-USDT-SWAP | +0.0077% | 8h | 71.950 | −0.014% | $4.1M | $5.2M | 20x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.910 | −0.069% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.878 | −0.114% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0157% | 8h | 72.020 | +0.083% | $234K | $311K | 20x | as long as short |
| edgeX RKLBUSDC | +0.0883% | 4h | 71.893 | −0.093% | $42K | $257K | 10x | as long as short |
Phemex RKLBUSDT
Injective RKLB/USDC PERP
KuCoin RKLBUSDTM
Aster RKLBUSDT
Bybit RKLBUSDT
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Lighter RKLB
Binance RKLBUSDT
Extended RKLB-USD
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
OKX RKLB-USDT-SWAP
ApeX Omni RKLBUSDT
BloFin RKLB-USDT
edgeX RKLBUSDC