Funding arb · Price arb /

RKLB

RWAall RKLB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%

Price spread now: Bybit against Polymarket Perps+0.051%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Polymarket Perps Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 7 days−0.206%−$21 · spread now +0.051%, 7d avg +0.078%

Together, before fees−0.286%−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.078%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps RKLB-USD	70.654	0.0050	pay 0.0006% / 1h	6m 29s	$322K	$1.7M	10x
Short	Bybit RKLBUSDT	70.690	0	get 0.0000% / 8h	3h 06m	$2.4M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Polymarket Perps. 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 Polymarket PerpsbpFee BybitbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$10.5
Price spread: +0.051% → +0.078%: −$2.75
Slippage, 4 orders: −$20.06
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$52.31
Costs to cover: 0.391%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; Bybit: live order book, just now.

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 Polymarket Perps live order book, 2 min ago	2.05 bp	6.1 bp −$6	6.8 bp −$68	17.4 bp −$1,745	doesn't fit
Sell Bybit live order book, just now	2.83 bp	12.4 bp −$12	58.9 bp −$589	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	−0.0272%	8h	70.570	−0.119%	$1.2M	$130K	20x	as long as short
Bitget RKLBUSDT	−0.0221%	8h	70.690	+0.051%	$4.5M	$5.2M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	70.669	+0.022%	$24K	$49K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	70.652	−0.003%	$15K	$204K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	70.690	+0.051%	$10.9M	$40.0M	20x	as long as short
Bybit RKLBUSDTshort	0.0000%	8h	70.690	+0.051%	$2.4M	$2.0M	25x
OKX RKLB-USDT-SWAP	0.0000%	8h	70.700	+0.065%	$3.9M	$5.6M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	70.670	+0.023%	$4.8M	$16.5M	75x	as long as short
Variational Omni RKLB	0.0000%	8h	70.622	−0.045%	$293K	$333K	—	as long as short
GRVT RKLB_USDT_Perp	0.0000%	8h	70.630	−0.034%	$6K	$158K	10x	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	70.680	+0.037%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	70.640	−0.020%	$9K	$27K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	70.660	+0.008%	$2.0M	$891K	10x	as long as short
Lighter RKLB	+0.0032%	1h	70.770	+0.164%	$125K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	71.070	+0.589%	$31K	$5K	12x	as long as short
QFEX RKLB-USD	+0.0044%	1h	70.660	+0.008%	$1.2M	$1.6M	10x	as long as short
tradeXYZ xyz:RKLB	+0.0050%	1h	70.630	−0.034%	$11.9M	$3.5M	10x	as long as short
Polymarket Perps RKLB-USDlong	+0.0050%	1h	70.654	long leg	$322K	$1.7M	10x
Vest RKLB-USD-PERP	+0.0061%	1h	70.770	+0.164%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	70.630	−0.034%	$43K	$132K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	70.651	−0.005%	—	—	10x	as long as short
BloFin RKLB-USDT	+0.0120%	8h	70.670	+0.023%	$230K	$311K	20x	as long as short
edgeX RKLBUSDC	+0.0804%	4h	70.641	−0.019%	$42K	$261K	10x	as long as short