Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.051%

Price spread now: BloFin against Polymarket Perps+0.071%45s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as 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−$320.319% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.071%, 7d avg +0.048%

Together, before fees+0.159%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.023% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.048%. The two prices were read 45 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	71.789	0.0050	pay 0.0006% / 1h	8m 07s	$327K	$1.7M	10x
Short	BloFin RKLB-USDT	71.840	0.0120	get 0.0120% / 8h	4h 08m	$234K	$316K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.071%Rate

Funding earned: $14.7
Price spread: +0.071% → +0.048%: $2.3
Slippage, 4 orders: −$11.87
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$14.87
Costs to cover: 0.319%
Break-even: 14.1 days

Slippage from Polymarket Perps: live order book, 5 min ago; BloFin: live order book, 27 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, 5 min ago	2.44 bp	6.4 bp −$6	7.1 bp −$71	17.6 bp −$1,759	doesn't fit
Sell BloFin live order book, 27 min ago	1.40 bp	11.5 bp −$11	19.3 bp −$193	67.4 bp −$6,744	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	−0.0143%	8h	71.700	−0.124%	$1.2M	$130K	20x	as long as short
edgeX RKLBUSDC	−0.0133%	4h	71.811	+0.031%	$42K	$260K	10x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.787	−0.003%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.818	+0.040%	$14K	$193K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.800	+0.015%	$11.2M	$39.1M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.810	+0.029%	$2.5M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.830	+0.057%	$4.0M	$5.5M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.830	+0.057%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.830	+0.057%	$4.6M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.812	+0.032%	$301K	$329K	—	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	+0.085%	$6K	$147K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.830	+0.057%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.820	+0.043%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.830	+0.057%	$2.0M	$848K	10x	as long as short
Injective RKLB/USDC PERP	+0.0018%	1h	71.070	−1.002%	$31K	$5K	12x	as long as short
Lighter RKLB	+0.0032%	1h	71.940	+0.210%	$127K	$44K	10x	as long as short
QFEX RKLB-USD	+0.0038%	1h	71.820	+0.043%	$1.2M	$1.6M	10x	as long as short
Polymarket Perps RKLB-USDlong	+0.0050%	1h	71.789	long leg	$327K	$1.7M	10x
Vest RKLB-USD-PERP	+0.0065%	1h	71.980	+0.266%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.790	+0.001%	$44K	$133K	50x	as long as short
tradeXYZ xyz:RKLB	+0.0100%	1h	71.781	−0.011%	$12.1M	$3.4M	10x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.815	+0.036%	—	—	10x	as long as short
BloFin RKLB-USDTshort	+0.0120%	8h	71.840	+0.071%	$234K	$316K	20x