Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Gate+0.042%49s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as 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−$1241.237% of the position

Long on Gate Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.042%, 7d avg −0.009%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.009%. The two prices were read 49 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	Gate RKLB_USDT	70.800	0	get 0.0000% / 8h	3h 14m	$4.9M	$16.5M	75x
Short	Phemex RKLBUSDT	70.830	0	get 0.0000% / 8h	3h 14m	$2.0M	$885K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Gate. 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 GatebpFee PhemexbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → −0.009%: $5.17
Slippage, 4 orders: −$96.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$118.53
Costs to cover: 1.237%
Break-even: never at this rate

Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago	4.25 bp	14.7 bp −$15	55.3 bp −$553	71.2 bp −$7,119	doesn't fit
Sell Phemex live order book, 4 min ago	5.67 bp	50.4 bp −$50	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
edgeX RKLBUSDC	−0.0657%	4h	70.697	−0.146%	$42K	$262K	10x	as long as short
KuCoin RKLBUSDTM	−0.0256%	8h	70.650	−0.212%	$1.2M	$130K	20x	as long as short
Bitget RKLBUSDT	−0.0117%	8h	70.850	+0.071%	$4.5M	$5.2M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.736	−0.091%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.781	−0.027%	$15K	$231K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.801	+0.001%	$11.0M	$39.9M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.780	−0.028%	$2.4M	$2.0M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.820	+0.028%	$3.9M	$5.6M	20x	as long as short
Gate RKLB_USDTlong	0.0000%	8h	70.800	long leg	$4.9M	$16.5M	75x
Variational Omni RKLB	0.0000%	8h	70.908	+0.152%	$294K	$333K	—	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	70.773	−0.038%	$6K	$157K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	70.890	+0.127%	$1K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.470	−0.466%	$9K	$27K	20x	as long as short
Phemex RKLBUSDTshort	0.0000%	8h	70.830	+0.042%	$2.0M	$885K	10x
Lighter RKLB	+0.0032%	1h	70.900	+0.141%	$125K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+0.381%	$31K	$5K	12x	as long as short
QFEX RKLB-USD	+0.0044%	1h	70.770	−0.042%	$1.2M	$1.6M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	70.741	−0.083%	$11.9M	$3.5M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.735	−0.092%	$322K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0063%	1h	70.890	+0.127%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.740	−0.085%	$44K	$132K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.777	−0.033%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.840	+0.056%	$232K	$312K	20x	as long as short