Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.036%
Price spread now: Phemex against tradeXYZ+0.090%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.090%, 7d avg +0.068%
=Together, before fees−0.242%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.021% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.068%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.220% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:RKLB | 71.376 | 0.0050 | pay 0.0006% / 1h | 59m 09s | $12.0M | $3.4M | 10x |
| Short | Phemex RKLBUSDT | 71.440 | 0 | get 0.0000% / 8h | 4h 59m | $2.0M | $823K | 10x |
tradeXYZ xyz:RKLB
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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
- −$10.5
- Price spread: +0.090% → +0.068%
- $2.15
- Slippage, 4 orders
- −$80.26
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$118.61
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Phemex: 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 tradeXYZ live order book, 10 min ago | 0.07 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.10 bp | 50.6 bp −$51 | doesn't fit | 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 | −0.0098% | 8h | 71.390 | +0.020% | $1.2M | $129K | 20x | as long as short |
| edgeX RKLBUSDC | −0.0055% | 4h | 71.408 | +0.044% | $42K | $261K | 10x | as long as short |
| Aster RKLBUSDT | 0.0000% | 8h | 71.386 | +0.013% | $25K | $49K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 71.422 | +0.064% | $16K | $195K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 71.435 | +0.083% | $11.1M | $38.8M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.450 | +0.104% | $2.4M | $1.9M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 71.430 | +0.076% | $4.0M | $5.5M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.440 | +0.090% | $4.9M | $16.3M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.440 | +0.090% | $4.6M | $5.1M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.420 | +0.062% | $299K | $329K | — | as long as short |
KuCoin RKLBUSDTM
edgeX RKLBUSDC
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLBShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.425 | +0.068% | $6K | $142K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.440 | +0.090% | $1K | $6.1M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.430 | +0.076% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 71.440 | +0.090% | $2.0M | $823K | 10x | |
| Injective RKLB/USDC PERP | +0.0018% | 1h | 71.070 | −0.429% | $31K | $5K | 12x | as long as short |
| QFEX RKLB-USD | +0.0023% | 1h | 71.410 | +0.048% | $1.2M | $1.5M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 71.530 | +0.216% | $126K | $44K | 10x | as long as short |
| tradeXYZ xyz:RKLBlong | +0.0050% | 1h | 71.376 | long leg | $12.0M | $3.4M | 10x | |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 71.375 | −0.001% | $325K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0060% | 1h | 71.560 | +0.258% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.420 | +0.062% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.412 | +0.050% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 71.460 | +0.118% | $233K | $314K | 20x | as long as short |
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Injective RKLB/USDC PERP
QFEX RKLB-USD
Lighter RKLB
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT