Funding you earn now, next payment 01:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.005%
Price spread now: KuCoin against Polymarket Perps−0.051%49s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as 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−$4154.153% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.051%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps RKLB-USD | 71.186 | 0.0050 | pay 0.0006% / 1h | 59m 40s | $324K | $1.7M | 10x |
| Short | KuCoin RKLBUSDTM | 71.150 | −0.0174 | pay 0.0174% / 8h | 6h 59m | $1.2M | $128K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$47.04
- Price spread: −0.051% → −0.006%
- −$4.42
- Slippage, 4 orders
- −$395.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$466.8
- Costs to cover
- 4.153%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; KuCoin: live order book, 5 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 Polymarket Perps live order book, 4 min ago | 2.60 bp | 6.6 bp −$7 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 7.71 bp | 212.5 bp −$213 | 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 RKLBUSDTMshort | −0.0174% | 8h | 71.150 | −0.051% | $1.2M | $128K | 20x | |
| Aster RKLBUSDT | 0.0000% | 8h | 71.140 | −0.065% | $25K | $53K | 20x | as long as short |
| Extended RKLB-USD | 0.0000% | 1h | 71.140 | −0.065% | $14K | $194K | 10x | as long as short |
| Binance RKLBUSDT | 0.0000% | 8h | 71.151 | −0.049% | $11.1M | $38.2M | 20x | as long as short |
| Bybit RKLBUSDT | 0.0000% | 8h | 71.180 | −0.008% | $2.4M | $1.9M | 25x | as long as short |
| OKX RKLB-USDT-SWAP | 0.0000% | 8h | 71.190 | +0.006% | $4.0M | $5.3M | 20x | as long as short |
| Gate RKLB_USDT | 0.0000% | 8h | 71.200 | +0.020% | $4.8M | $16.2M | 75x | as long as short |
| Bitget RKLBUSDT | 0.0000% | 8h | 71.200 | +0.020% | $4.5M | $5.0M | 20x | as long as short |
| Variational Omni RKLB | 0.0000% | 8h | 71.163 | −0.033% | $265K | $323K | — | as long as short |
| GRVT RKLB_USDT_Perp | 0.0000% | 8h | 71.328 | +0.200% | $6K | $137K | 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 | 71.190 | +0.006% | $2K | $6.2M | 10x | as long as short |
| HTX RKLB-USDT | 0.0000% | 8h | 71.130 | −0.079% | $10K | $25K | 20x | as long as short |
| Phemex RKLBUSDT | 0.0000% | 8h | 71.200 | +0.020% | $2.0M | $797K | 10x | as long as short |
| QFEX RKLB-USD | +0.0030% | 1h | 71.190 | +0.006% | $1.2M | $1.6M | 10x | as long as short |
| Lighter RKLB | +0.0032% | 1h | 71.300 | +0.160% | $126K | $44K | 10x | as long as short |
| Injective RKLB/USDC PERP | +0.0033% | 1h | 69.710 | −2.073% | $30K | $6K | 12x | as long as short |
| tradeXYZ xyz:RKLB | +0.0050% | 1h | 71.157 | −0.041% | $12.0M | $3.1M | 10x | as long as short |
| Polymarket Perps RKLB-USDlong | +0.0050% | 1h | 71.186 | long leg | $324K | $1.7M | 10x | |
| Vest RKLB-USD-PERP | +0.0061% | 1h | 71.320 | +0.188% | — | $234K | 25x | as long as short |
| ApeX Omni RKLBUSDT | +0.0100% | 1h | 71.280 | +0.132% | $44K | $134K | 50x | as long as short |
| Aevo RKLB-PERP | +0.0104% | 1h | 71.174 | −0.017% | — | — | 10x | as long as short |
| BloFin RKLB-USDT | +0.0120% | 8h | 71.160 | −0.037% | $233K | $308K | 20x | as long as short |
| edgeX RKLBUSDC | +0.0567% | 4h | 71.337 | +0.212% | $42K | $258K | 10x | as long as short |
Polymarket Perps RKLB-USD
KuCoin RKLBUSDTM
Aster RKLBUSDT
Extended RKLB-USD
Binance RKLBUSDT
Bybit RKLBUSDT
OKX RKLB-USDT-SWAP
Gate RKLB_USDT
Bitget RKLBUSDT
Variational Omni RKLB
GRVT RKLB_USDT_Perp
SunX RKLB-USDT
HTX RKLB-USDT
Phemex RKLBUSDT
Lighter RKLB
Injective RKLB/USDC PERP
tradeXYZ xyz:RKLB
ApeX Omni RKLBUSDT
BloFin RKLB-USDT
edgeX RKLBUSDC