Funding arb · Price arb /

RKLB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.013%

Price spread now: Variational Omni against tradeXYZ+0.160%7-day average +0.071% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$5 on $10k

Price spread, last 4 days (all we have)+0.413%+$41 · spread now +0.160%, 7d avg +0.071%

Together, before fees+0.359%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.090% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.071%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:RKLB	70.993	0.0053	pay 0.0007% / 1h	13m 21s	$12.1M	$3.3M	10x
Short	Variational Omni RKLB	71.107	0	get 0.0000% / 8h	6h 13m	$298K	$340K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against tradeXYZ. 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 tradeXYZbpFee Variational OmnibpOrdersPrice spread, now +0.160%Rate

Funding earned: −$11.05
Price spread: +0.160% → +0.071%: $8.98
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.07
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 6 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.

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 tradeXYZ live order book, 6 min ago	1.62 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 56 min ago	4.06 bp	doesn't fit	29.0 bp −$290	doesn't fit	doesn't fit

RKLB on 22 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	−0.0983%	4h	71.111	+0.166%	$42K	$259K	10x	as long as short
KuCoin RKLBUSDTM	−0.0126%	8h	70.980	−0.018%	$1.2M	$129K	20x	as long as short
Bitget RKLBUSDT	−0.0023%	8h	71.070	+0.108%	$4.5M	$5.1M	20x	as long as short
Aster RKLBUSDT	0.0000%	8h	71.024	+0.043%	$25K	$53K	20x	as long as short
Extended RKLB-USD	0.0000%	1h	71.052	+0.083%	$15K	$202K	10x	as long as short
Binance RKLBUSDT	0.0000%	8h	71.040	+0.066%	$11.0M	$38.5M	20x	as long as short
Bybit RKLBUSDT	0.0000%	8h	71.070	+0.108%	$2.4M	$1.9M	25x	as long as short
OKX RKLB-USDT-SWAP	0.0000%	8h	71.060	+0.094%	$4.0M	$5.4M	20x	as long as short
Gate RKLB_USDT	0.0000%	8h	71.050	+0.080%	$4.8M	$16.4M	75x	as long as short
Variational Omni RKLBshort	0.0000%	8h	71.107	+0.160%	$298K	$340K	—

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT RKLB_USDT_Perp	0.0000%	8h	71.106	+0.159%	$6K	$141K	10x	as long as short
SunX RKLB-USDT	0.0000%	8h	71.100	+0.151%	$2K	$6.1M	10x	as long as short
HTX RKLB-USDT	0.0000%	8h	71.090	+0.137%	$9K	$26K	20x	as long as short
Phemex RKLBUSDT	0.0000%	8h	71.090	+0.137%	$2.0M	$809K	10x	as long as short
QFEX RKLB-USD	+0.0024%	1h	71.080	+0.123%	$1.2M	$1.6M	10x	as long as short
Lighter RKLB	+0.0032%	1h	71.180	+0.263%	$125K	$44K	10x	as long as short
Injective RKLB/USDC PERP	+0.0033%	1h	69.710	−1.807%	$30K	$5K	12x	as long as short
Polymarket Perps RKLB-USD	+0.0050%	1h	70.993	0.000%	$323K	$1.7M	10x	as long as short
tradeXYZ xyz:RKLBlong	+0.0053%	1h	70.993	long leg	$12.1M	$3.3M	10x
Vest RKLB-USD-PERP	+0.0056%	1h	71.190	+0.277%	—	$214K	25x	as long as short
ApeX Omni RKLBUSDT	+0.0100%	1h	71.110	+0.165%	$44K	$135K	50x	as long as short
Aevo RKLB-PERP	+0.0104%	1h	71.027	+0.049%	—	—	10x	as long as short