Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget+0.172%45s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as 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−$910.905% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 3 days (all we have)−0.347%−$35 · spread now +0.172%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.207% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour. The two prices were read 45 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 | Bitget RUNEUSDT | 0.6383 | 0.0100 | pay 0.0100% / 8h | 2h 44m | $1.6M | $459K | 50x |
| Short | BloFin RUNE-USDT | 0.6394 | 0.0129 | get 0.0129% / 8h | 2h 44m | $446K | $129K | 75x |
Bitget RUNEUSDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $6.09
- Price spread: +0.172% → −0.035%
- $20.72
- Slippage, 4 orders
- −$66.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.73
- Costs to cover
- 0.905%
- Break-even
- 80.2 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 41 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 Bitget live order book, 2 min ago | 3.91 bp | 27.9 bp −$28 | 106.9 bp −$1,069 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 6.32 bp | 13.5 bp −$14 | 36.5 bp −$365 | doesn't fit | doesn't fit |
RUNE on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.0999% | 1h | 0.6396 | +0.204% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.572% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6379 | −0.057% | $4.7M | $9.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6378 | −0.078% | $2.7M | $1.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6381 | −0.031% | $657K | $288K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6378 | −0.078% | $2.6M | $1.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6379 | −0.063% | $910K | $191K | 50x | as long as short |
| Bitget RUNEUSDTlong | +0.0100% | 8h | 0.6383 | long leg | $1.6M | $459K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6380 | −0.047% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6361 | −0.344% | $125K | $9K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6379 | −0.058% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDTshort | +0.0129% | 8h | 0.6394 | +0.172% | $446K | $129K | 75x | |
| Hyperliquid RUNE | +0.0283% | 1h | 0.6393 | +0.160% | $1.6M | $857K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0368% | 1h | 0.6380 | −0.047% | $38K | $16K | 25x | as long as short |
| dYdX RUNE-USD | +0.1815% | 1h | 0.6375 | −0.128% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2401% | 1h | 0.6400 | +0.260% | $177K | $213K | 20x | as long as short |
Extended RUNE-USD
Hyperliquid RUNE
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD