Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.3% APRnext payment +$1.31 per $10,000 · paid last 24h −0.011%
Price spread now: Phemex against KuCoin+0.112%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5235.231% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.112%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phemex is 0.061% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.191%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RKLBUSDTM | 71.540 | −0.0131 | get 0.0131% / 8h | 4h 33m | $1.2M | $130K | 20x |
| Short | Phemex RKLBUSDT | 71.620 | 0 | get 0.0000% / 8h | 4h 33m | $2.0M | $835K | 10x |
KuCoin RKLBUSDTM
Phemex RKLBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- $27.51
- Price spread: +0.112% → +0.051%
- $6.1
- Slippage, 4 orders
- −$499.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$489.45
- Costs to cover
- 5.231%
- Break-even
- 131.5 days
Slippage from KuCoin: live order book, 2 min ago; Phemex: live order book, 5 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 KuCoin live order book, 2 min ago | 4.89 bp | 237.1 bp −$237 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.49 bp | 43.6 bp −$44 | 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 | −0.0846% | 4h | 71.626 | +0.120% | $42K | $260K | 10x | as long as short |
| KuCoin RKLBUSDTMlong | −0.0131% | 8h | 71.540 | long leg | $1.2M | $130K | 20x | |
| Aster RKLBUSDT | 0.0000% | 8h | 71.561 | +0.029% | $25K | $49K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 71.602 | +0.087% | $14K | $196K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 71.620 | +0.112% | $11.1M | $38.9M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.610 | +0.098% | $2.4M | $1.9M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 71.620 | +0.112% | $4.0M | $5.5M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.640 | +0.140% | $4.9M | $16.3M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.620 | +0.112% | $4.6M | $5.2M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.642 | +0.143% | $300K | $329K | — | as long as short |
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 | 71.620 | +0.112% | $6K | $143K | 10x | as long as short |
| SunX RKLB-USDT | 0.0000% | 8h | 71.630 | +0.126% | $2K | $6.1M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.650 | +0.154% | $9K | $27K | 20x | as long as short |
| Phemex RKLBUSDTshort | 0.0000% | 8h | 71.620 | +0.112% | $2.0M | $835K | 10x | |
| Injective RKLB/USDC PERP | +0.0018% | 1h | 71.070 | −0.657% | $31K | $5K | 12x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 71.720 | +0.252% | $126K | $44K | 10x | as long as short |
| QFEX RKLB-USD | +0.0038% | 1h | 71.610 | +0.098% | $1.2M | $1.6M | 10x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 71.596 | +0.078% | $12.1M | $3.5M | 10x | as long as short |
| Polymarket Perps RKLB-USD | +0.0050% | 1h | 71.576 | +0.050% | $326K | $1.7M | 10x | as long as short |
| Vest RKLB-USD-PERP | +0.0064% | 1h | 71.740 | +0.280% | — | $214K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.650 | +0.154% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.601 | +0.085% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 71.620 | +0.112% | $234K | $315K | 20x | as long as short |
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Injective RKLB/USDC PERP
Lighter RKLB
QFEX RKLB-USD
tradeXYZ xyz:RKLB
Polymarket Perps RKLB-USD
Vest RKLB-USD-PERP
ApeX Omni RKLBUSDT
Aevo RKLB-PERP
BloFin RKLB-USDT