Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.111%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.111%, 7d avg −0.031%
=The price spread pays, funding is against you. Binance is 0.141% dearer against BloFin than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.031%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6329 | 0.0127 | pay 0.0127% / 8h | 4h 48m | $448K | $193K | 75x |
| Short | Binance RUNEUSDT | 0.6336 | 0.0100 | get 0.0100% / 8h | 4h 48m | $4.8M | $15.6M | 75x |
BloFin RUNE-USDT
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.76
- Price spread: +0.111% → −0.031%
- $14.14
- Slippage, 4 orders
- −$56.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.13
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; Binance: live order book, 7 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 BloFin live order book, 49 min ago | 3.18 bp | 14.5 bp −$15 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.58 bp | 20.1 bp −$20 | 77.4 bp −$774 | 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 | 0.6328 | −0.016% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0005% | 1h | 0.6334 | +0.086% | $27K | $32K | 5x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.749% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6336 | +0.111% | $4.8M | $15.6M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6332 | +0.047% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6337 | +0.126% | $628K | $366K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6331 | +0.032% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6335 | +0.095% | $910K | $332K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6339 | +0.158% | $1.5M | $771K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6335 | +0.095% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
Injective RUNE/USDC PERP
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6324 | −0.073% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6327 | −0.026% | $4K | $164K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0127% | 8h | 0.6329 | long leg | $448K | $193K | 75x | |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6381 | +0.822% | $37K | $31K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0991% | 1h | 0.6329 | +0.001% | $180K | $286K | 20x | as long as short |
| Hyperliquid RUNE | +0.1694% | 1h | 0.6348 | +0.303% | $1.7M | $1.0M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE