Funding you earn now, next payment 05:00 UTC+0.1491%/8h= +163.3% APRpaid last 24h +0.140%
Price spread now: Hyperliquid against Bitget+0.028%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.028%, 7d avg +0.079%
=Together, before fees+0.142%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.051% cheaper against Bitget than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.079%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+0.134% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% 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 | Bitget RUNEUSDT | 0.6352 | 0.0100 | pay 0.0100% / 8h | 3h 34m | $1.5M | $775K | 50x |
| Short | Hyperliquid RUNE | 0.6354 | 0.1591 | get 0.0199% / 1h | 34m 22s | $1.8M | $1.1M | 5x |
Bitget RUNEUSDT
Hyperliquid RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $313.14
- Price spread: +0.028% → +0.079%
- −$5.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $287.03
- Costs to cover
- 0.210%
- Break-even
- 0.6 days
Slippage unknown: Bitget: live order book, 2 min ago; Hyperliquid: live order book, 6 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 Bitget live order book, 2 min ago | 3.94 bp | 23.9 bp −$24 | 99.0 bp −$990 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.10 bp | 15.3 bp −$15 | doesn't fit | 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 | 0.0000% | 1h | 0.6344 | −0.126% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.101% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6343 | −0.142% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6343 | −0.142% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6348 | −0.063% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6342 | −0.157% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6345 | −0.110% | $991K | $360K | 50x | as long as short |
| Bitget RUNEUSDTlong | +0.0100% | 8h | 0.6352 | long leg | $1.5M | $775K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6344 | −0.126% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6342 | −0.151% | $187K | $67K | — | 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 | 0.6341 | −0.181% | $4K | $169K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6337 | −0.236% | $441K | $193K | 75x | as long as short |
| dYdX RUNE-USD | +0.0372% | 1h | 0.6336 | −0.246% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6395 | +0.677% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0952% | 1h | 0.6347 | −0.083% | $166K | $309K | 20x | as long as short |
| Hyperliquid RUNEshort | +0.1591% | 1h | 0.6354 | +0.028% | $1.8M | $1.1M | 5x |
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD