Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Phemex−0.686%77s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$137as 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−$1581.578% of the position

Long on Phemex Short on ApeX Omni

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)+0.594%+$59 · spread now −0.686%, 7d avg +0.012%

Together, before fees+0.804%+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.698% cheaper against Phemex than usual: you would sell low and buy high (spread −0.686% now, against its 7-day average of +0.012%). If the spread goes back, that is −$70 on $10k: about 23 days of funding at the current rate (+$3 a day). The two prices were read 77 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	Phemex RKLBUSDT	69.930	0	get 0.0000% / 8h	7h 20m	$2.0M	$991K	10x
Short	ApeX Omni RKLBUSDT	69.450	0.0100	get 0.0013% / 1h	20m 00s	$43K	$133K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.686%Rate

Funding earned: $21
Price spread: −0.686% → +0.012%: −$69.82
Slippage, 4 orders: −$135.84
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$206.67
Costs to cover: 1.578%
Break-even: 75.9 days

Slippage from Phemex: live order book, 3 min ago; ApeX Omni: live order book, 11 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 Phemex live order book, 3 min ago	2.16 bp	37.4 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 11 min ago	25.21 bp	35.7 bp −$36	189.1 bp −$1,891	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	−0.0526%	4h	69.488	−0.632%	$41K	$264K	10x	as long as short
KuCoin RKLBUSDTM	−0.0328%	8h	69.850	−0.114%	$1.2M	$168K	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	69.808	−0.175%	$25K	$55K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	69.923	−0.009%	$17K	$211K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	69.968	+0.054%	$10.9M	$43.7M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	69.960	+0.043%	$2.4M	$2.2M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.000	+0.100%	$3.9M	$5.9M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	69.930	0.000%	$4.7M	$16.5M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	69.960	+0.043%	$4.4M	$5.9M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	69.890	−0.057%	$289K	$389K	—	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	69.530	−0.572%	$6K	$177K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	69.910	−0.029%	$2K	$5.9M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	69.530	−0.572%	$9K	$27K	20x	as long as short
Phemex RKLBUSDTlong	0.0000%	8h	69.930	long leg	$2.0M	$991K	10x
QFEX RKLB-USD	+0.0032%	1h	69.900	−0.043%	$1.2M	$1.7M	10x	as long as short
Lighter RKLB	+0.0032%	1h	69.960	+0.043%	$122K	$52K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.250	−0.972%	$30K	$6K	12x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	69.895	−0.050%	$11.7M	$3.6M	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	69.924	−0.009%	$318K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0079%	1h	69.990	+0.086%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDTshort	+0.0100%	1h	69.450	−0.686%	$43K	$133K	50x
Aevo RKLB-PERP	+0.0104%	1h	69.902	−0.040%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	69.870	−0.086%	$234K	$311K	20x	as long as short