Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.016%

Price spread now: Binance against Polymarket Perps+0.034%46s7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as 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−$290.294% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 7 days−0.205%−$20 · spread now +0.034%, 7d avg +0.078%

Together, before fees−0.305%−$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.078%). Swap the legs. The two prices were read 46 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	Polymarket Perps RKLB-USD	71.724	0.0050	pay 0.0006% / 1h	5m 49s	$326K	$1.7M	10x
Short	Binance RKLBUSDT	71.748	0	get 0.0000% / 8h	4h 05m	$11.2M	$39.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.034%Rate

Funding earned: −$10.5
Price spread: +0.034% → +0.078%: −$4.39
Slippage, 4 orders: −$11.38
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.27
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Binance: 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 Polymarket Perps live order book, 3 min ago	2.72 bp	6.7 bp −$7	6.9 bp −$69	17.8 bp −$1,777	doesn't fit
Sell Binance live order book, 6 min ago	1.39 bp	8.7 bp −$9	17.6 bp −$176	81.1 bp −$8,110	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	−0.0147%	8h	71.620	−0.145%	$1.2M	$130K	20x	as long as short
edgeX RKLBUSDC	−0.0133%	4h	71.811	+0.122%	$42K	$260K	10x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.705	−0.027%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.734	+0.013%	$14K	$193K	10x	as long as short
Binance RKLBUSDTshort	0.0000%	8h	71.748	+0.034%	$11.2M	$39.1M	20x
Bybit RKLBUSDT	0.0000%	8h	71.740	+0.022%	$2.5M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.720	−0.006%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.760	+0.050%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.720	−0.006%	$4.6M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.767	+0.061%	$301K	$330K	—	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	71.850	+0.176%	$6K	$147K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.780	+0.078%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.820	+0.134%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.790	+0.092%	$2.0M	$848K	10x	as long as short
Injective RKLB/USDC PERP	+0.0018%	1h	71.070	−0.912%	$31K	$5K	12x	as long as short
Lighter RKLB	+0.0032%	1h	71.870	+0.204%	$127K	$44K	10x	as long as short
QFEX RKLB-USD	+0.0038%	1h	71.750	+0.036%	$1.2M	$1.6M	10x	as long as short
Polymarket Perps RKLB-USDlong	+0.0050%	1h	71.724	long leg	$326K	$1.7M	10x
Vest RKLB-USD-PERP	+0.0065%	1h	71.930	+0.287%	—	$214K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0099%	1h	71.701	−0.032%	$12.1M	$3.4M	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.790	+0.092%	$44K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.764	+0.056%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.780	+0.078%	$234K	$316K	20x	as long as short