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 −0.059%

Price spread now: Phemex against OKX+0.042%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1201.201% of the position

Long on OKX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.042%, 7d avg −0.033%

Together, before fees−0.205%−$21 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 0.075% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RKLB-USDT-SWAP	71.800	0	get 0.0000% / 8h	4h 07m	$4.0M	$5.5M	20x
Short	Phemex RKLBUSDT	71.830	0	get 0.0000% / 8h	4h 07m	$2.0M	$848K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against OKX. 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 OKXbpFee PhemexbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → −0.033%: $7.49
Slippage, 4 orders: −$98.08
Fee OKX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$112.59
Costs to cover: 1.201%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Phemex: live order book, 6 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 OKX live order book, 5 min ago	1.39 bp	11.7 bp −$12	43.7 bp −$437	doesn't fit	doesn't fit
Sell Phemex live order book, 6 min ago	1.39 bp	55.5 bp −$56	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	−0.0143%	8h	71.660	−0.195%	$1.2M	$130K	20x	as long as short
edgeX RKLBUSDC	−0.0133%	4h	71.811	+0.016%	$42K	$260K	10x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.750	−0.069%	$25K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.770	−0.042%	$14K	$193K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.790	−0.014%	$11.2M	$39.1M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.800	0.000%	$2.5M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAPlong	0.0000%	8h	71.800	long leg	$4.0M	$5.5M	20x
Gate RKLB_USDT	0.0000%	8h	71.800	0.000%	$4.9M	$16.4M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	71.810	+0.014%	$4.6M	$5.2M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	71.812	+0.016%	$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	+0.070%	$6K	$147K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.830	+0.042%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.820	+0.028%	$9K	$27K	20x	as long as short
Phemex RKLBUSDTshort	0.0000%	8h	71.830	+0.042%	$2.0M	$848K	10x
Injective RKLB/USDC PERP	+0.0018%	1h	71.070	−1.017%	$31K	$5K	12x	as long as short
Lighter RKLB	+0.0032%	1h	71.920	+0.167%	$127K	$44K	10x	as long as short
QFEX RKLB-USD	+0.0038%	1h	71.770	−0.042%	$1.2M	$1.6M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	71.735	−0.091%	$326K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0065%	1h	71.940	+0.195%	—	$214K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0100%	1h	71.763	−0.052%	$12.1M	$3.4M	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.790	−0.014%	$44K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.815	+0.020%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	71.840	+0.056%	$234K	$316K	20x	as long as short