Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Phemex−0.014%49s7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$133as 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−$1331.334% of the position

Long on Phemex Short on Gate

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)−0.079%−$8 · spread now −0.014%, 7d avg +0.010%

Together, before fees−0.078%−$8 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: Gate is 0.024% cheaper against Phemex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.010%. 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	Phemex RKLBUSDT	70.710	0	get 0.0000% / 8h	6h 57m	$2.0M	$1.0M	10x
Short	Gate RKLB_USDT	70.700	0	get 0.0000% / 8h	6h 57m	$4.7M	$15.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → +0.010%: −$2.44
Slippage, 4 orders: −$106.44
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$135.87
Costs to cover: 1.334%
Break-even: never at this rate

Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago	6.36 bp	49.7 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	2.83 bp	15.3 bp −$15	53.7 bp −$537	70.6 bp −$7,060	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	−0.0908%	4h	70.638	−0.102%	$41K	$264K	10x	as long as short
KuCoin RKLBUSDTM	−0.0254%	8h	70.590	−0.170%	$1.2M	$184K	20x	as long as short
Injective RKLB/USDC PERP	−0.0187%	1h	69.250	−2.065%	$30K	$6K	12x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.698	−0.017%	$26K	$55K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.671	−0.056%	$13K	$214K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.709	−0.002%	$11.0M	$44.1M	20x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	70.720	+0.014%	$4.0M	$6.0M	20x	as long as short
Gate RKLB_USDTshort	0.0000%	8h	70.700	−0.014%	$4.7M	$15.6M	75x
Bitget RKLBUSDT	0.0000%	8h	70.690	−0.028%	$4.5M	$6.1M	20x	as long as short
Variational Omni RKLB	0.0000%	8h	70.607	−0.146%	$282K	$412K	—	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX RKLB-USDT	0.0000%	8h	70.700	−0.014%	$2K	$5.9M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.590	−0.170%	$9K	$27K	20x	as long as short
Phemex RKLBUSDTlong	0.0000%	8h	70.710	long leg	$2.0M	$1.0M	10x
Bybit RKLBUSDT	+0.0002%	8h	70.700	−0.014%	$2.4M	$2.3M	25x	as long as short
QFEX RKLB-USD	+0.0026%	1h	70.660	−0.071%	$1.2M	$1.7M	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.740	+0.042%	$125K	$60K	10x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.635	−0.106%	$322K	$1.7M	10x	as long as short
Vest RKLB-USD-PERP	+0.0080%	1h	70.790	+0.113%	—	$214K	25x	as long as short
tradeXYZ xyz:RKLB	+0.0090%	1h	70.667	−0.061%	$11.8M	$3.7M	10x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.590	−0.170%	$43K	$133K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.669	−0.058%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.650	−0.085%	$232K	$315K	20x	as long as short
GRVT RKLB_USDT_Perp	+0.0318%	8h	70.626	−0.119%	$7K	$179K	10x	as long as short