Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0226%/8h= −24.7% APRpaid last 24h −0.019%

Price spread now: KuCoin against ApeX Omni−0.197%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$582as in the Funding arb table

Net, price: spread back to 7d avg − costs−$593as in the Price arb table

costs, in and out, $10k−$5805.801% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.460%−$46 · spread now −0.197%, 7d avg −0.067%

Together, before fees−0.479%−$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.129% cheaper against ApeX Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.067%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni RKLBUSDT	71.110	0.0100	pay 0.0013% / 1h	13m 15s	$44K	$135K	50x
Short	KuCoin RKLBUSDTM	70.970	−0.0126	pay 0.0126% / 8h	6h 13m	$1.2M	$129K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now −0.197%Rate

Funding earned: −$47.46
Price spread: −0.197% → −0.067%: −$12.95
Slippage, 4 orders: −$558.06
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$640.47
Costs to cover: 5.801%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 52 min ago; KuCoin: live order book, 2 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 ApeX Omni live order book, 52 min ago	25.25 bp	45.7 bp −$46	217.1 bp −$2,171	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.04 bp	253.7 bp −$254	doesn't fit	doesn't fit	doesn't fit

RKLB on 22 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	−0.0983%	4h	71.111	+0.001%	$42K	$259K	10x	as long as short
KuCoin RKLBUSDTMshort	−0.0126%	8h	70.970	−0.197%	$1.2M	$129K	20x
Bitget RKLBUSDT	−0.0023%	8h	71.070	−0.056%	$4.5M	$5.1M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.009	−0.142%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.022	−0.123%	$15K	$202K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.048	−0.087%	$11.0M	$38.5M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.060	−0.070%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.050	−0.084%	$4.0M	$5.4M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.050	−0.084%	$4.8M	$16.4M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	71.107	−0.004%	$298K	$340K	—	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT RKLB_USDT_Perp	0.0000%	8h	71.106	−0.006%	$6K	$141K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.100	−0.014%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.090	−0.028%	$9K	$26K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.060	−0.070%	$2.0M	$808K	10x	as long as short
QFEX RKLB-USD	+0.0024%	1h	71.080	−0.042%	$1.2M	$1.6M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.140	+0.042%	$125K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.969%	$30K	$5K	12x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.993	−0.165%	$323K	$1.7M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0053%	1h	70.993	−0.165%	$12.1M	$3.3M	10x	as long as short
Vest RKLB-USD-PERP	+0.0056%	1h	71.190	+0.113%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDTlong	+0.0100%	1h	71.110	long leg	$44K	$135K	50x
Aevo RKLB-PERP	+0.0104%	1h	71.027	−0.116%	—	—	10x	as long as short