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 +0.029%

Price spread now: OKX against Phemex+0.086%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1101.099% of the position

Long on Phemex Short on OKX

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)−0.225%−$23 · spread now +0.086%, 7d avg +0.034%

Together, before fees−0.015%−$2 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: OKX is 0.052% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.034%.

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 19m	$2.0M	$991K	10x
Short	OKX RKLB-USDT-SWAP	69.990	0	get 0.0000% / 8h	7h 19m	$3.9M	$5.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → +0.034%: $5.16
Slippage, 4 orders: −$87.86
Fee Phemex: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$104.7
Costs to cover: 1.099%
Break-even: never at this rate

Slippage from Phemex: live order book, 3 min ago; OKX: live order book, 3 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 OKX live order book, 3 min ago	2.87 bp	17.1 bp −$17	70.8 bp −$708	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	69.872	−0.083%	$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	70.020	+0.129%	$10.9M	$43.7M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	70.020	+0.129%	$2.4M	$2.2M	25x	as long as short
OKX RKLB-USDT-SWAPshort	0.0000%	8h	69.990	+0.086%	$3.9M	$5.9M	20x
Gate RKLB_USDT	0.0000%	8h	70.050	+0.172%	$4.7M	$16.5M	75x	as long as short
Bitget RKLBUSDT	0.0000%	8h	70.040	+0.157%	$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	70.100	+0.243%	$124K	$59K	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	70.002	+0.103%	$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 RKLBUSDT	+0.0100%	1h	69.450	−0.686%	$43K	$133K	50x	as long as short
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