Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.011%
Price spread now: QFEX against Phemex0.000%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now 0.000%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.027% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex RKLBUSDT | 70.540 | 0 | get 0.0000% / 8h | 2h 07m | $2.0M | $933K | 10x |
| Short | QFEX RKLB-USD | 70.540 | 0.0030 | get 0.0004% / 1h | 7m 41s | $1.2M | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $6.33
- Price spread: 0.000% → −0.027%
- $2.74
- Slippage, 4 orders
- −$101.62
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$114.55
- Costs to cover
- 1.236%
- Break-even
- 133.6 days
Slippage from Phemex: live order book, 6 min ago; QFEX: 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 Phemex live order book, 6 min ago | 1.42 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.13 bp | 7.1 bp −$7 | 9.9 bp −$99 | 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 | −0.0670% | 4h | 70.573 | +0.046% | $41K | $262K | 10x | as long as short |
| Bitget RKLBUSDT | −0.0586% | 8h | 70.570 | +0.043% | $4.5M | $5.4M | 20x | as long as short |
| KuCoin RKLBUSDTM | −0.0363% | 8h | 70.410 | −0.184% | $1.2M | $131K | 20x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 70.508 | −0.046% | $24K | $49K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 70.525 | −0.022% | $14K | $198K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 70.550 | +0.014% | $11.0M | $40.8M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 70.530 | −0.014% | $2.4M | $2.0M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 70.560 | +0.028% | $3.9M | $5.7M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 70.570 | +0.043% | $4.8M | $16.6M | 75x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 70.593 | +0.075% | $276K | $347K | — | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 70.554 | +0.019% | $6K | $163K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 70.530 | −0.014% | $2K | $6.1M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 70.550 | +0.014% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTlong | 0.0000% | 8h | 70.540 | long leg | $2.0M | $933K | 10x | |
| QFEX RKLB-USDshort | +0.0030% | 1h | 70.540 | 0.000% | $1.2M | $1.7M | 10x | |
| Lighter RKLB | +0.0032% | 1h | 70.640 | +0.142% | $124K | $45K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 71.070 | +0.751% | $31K | $5K | 12x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 70.494 | −0.065% | $321K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0053% | 1h | 70.660 | +0.170% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 70.510 | −0.043% | $43K | $132K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 70.513 | −0.038% | — | — | 10x | as long as short |
| tradeXYZ xyz:RKLB | +0.0112% | 1h | 70.499 | −0.058% | $11.9M | $3.5M | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 70.550 | +0.014% | $225K | $312K | 20x | as long as short |
Phemex RKLBUSDT
edgeX RKLBUSDC
Bitget RKLBUSDT
KuCoin RKLBUSDTM
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Lighter RKLB
Injective RKLB/USDC PERP
Polymarket Perps RKLB-USD
ApeX Omni RKLBUSDT
tradeXYZ xyz:RKLB
BloFin RKLB-USDT