Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%

Price spread now: OKX against Phemex−0.014%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1381.379% of the position

Long on Phemex Short on OKX

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)+0.033%+$3 · spread now −0.014%, 7d avg +0.034%

Together, before fees+0.243%+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.048% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.034%.

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	OKX RKLB-USDT-SWAP	71.190	0	get 0.0000% / 8h	6h 59m	$4.0M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → +0.034%: −$4.83
Slippage, 4 orders: −$115.88
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$142.71
Costs to cover: 1.379%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; OKX: live order book, 3 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, 4 min ago	0.70 bp	67.7 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.40 bp	12.1 bp −$12	30.3 bp −$303	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	−0.0174%	8h	71.150	−0.070%	$1.2M	$128K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.140	−0.084%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.140	−0.085%	$14K	$194K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.151	−0.069%	$11.1M	$38.2M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.180	−0.028%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAPshort	0.0000%	8h	71.190	−0.014%	$4.0M	$5.3M	20x
Gate RKLB_USDT	0.0000%	8h	71.200	0.000%	$4.8M	$16.2M	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	71.300	+0.140%	$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	71.157	−0.060%	$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 RKLBUSDT	+0.0100%	1h	71.280	+0.112%	$44K	$134K	50x	as long as short
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