RUNE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against BloFin−0.248%79s7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as 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−$1421.419% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 3 days (all we have)+0.234%+$23 · spread now −0.248%, 7d avg −0.058%

Together, before fees+0.314%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.190% cheaper against BloFin than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of −0.058%). If the spread goes back, that is −$19 on $10k: about 37 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.080% in total) that is about 17 days. The two prices were read 79 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	BloFin RUNE-USDT	0.6454	0.0083	pay 0.0083% / 8h	25m 54s	$455K	$161K	75x
Short	KuCoin RUNEUSDTM	0.6438	0.0100	get 0.0100% / 8h	25m 54s	$894K	$211K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.248%Rate

Funding earned: $3.55
Price spread: −0.248% → −0.058%: −$19.01
Slippage, 4 orders: −$117.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$157.36
Costs to cover: 1.419%
Break-even: 317.2 days

Slippage from BloFin: live order book, 50 min ago; KuCoin: live order book, 38 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, 50 min ago	1.56 bp	17.6 bp −$18	46.9 bp −$469	doesn't fit	doesn't fit
Sell KuCoin live order book, 38 min ago	3.93 bp	66.1 bp −$66	184.2 bp −$1,842	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	−0.0837%	1h	0.6431	−0.356%	—	—	10x	as long as short
Coinbase International RUNE-PERP-INTX	+0.0024%	1h	0.6472	+0.279%	$42K	$28K	25x	as long as short
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−4.633%	$7	$24	12x	as long as short
BloFin RUNE-USDTlong	+0.0083%	8h	0.6454	long leg	$455K	$161K	75x
Binance RUNEUSDT	+0.0100%	8h	0.6438	−0.255%	$4.9M	$10.8M	75x	as long as short
Bybit RUNEUSDT	+0.0100%	8h	0.6433	−0.325%	$2.7M	$1.7M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6441	−0.201%	$662K	$314K	50x	as long as short
MEXC RUNE_USDT	+0.0100%	8h	0.6436	−0.279%	$3.3M	$1.8M	125x	as long as short
KuCoin RUNEUSDTMshort	+0.0100%	8h	0.6438	−0.248%	$894K	$211K	50x
Bitget RUNEUSDT	+0.0100%	8h	0.6444	−0.155%	$1.6M	$543K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RUNE-USDT	+0.0100%	8h	0.6437	−0.263%	—	$59.1M	—	as long as short
Variational Omni RUNE	+0.0100%	8h	0.6433	−0.321%	$127K	$8K	—	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6437	−0.267%	$4K	$170K	10x	as long as short
Hyperliquid RUNE	+0.1052%	1h	0.6453	−0.019%	$1.7M	$908K	5x	as long as short
dYdX RUNE-USD	+0.1416%	1h	0.6454	+0.006%	$55K	$4K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.1690%	1h	0.6444	−0.150%	$189K	$230K	20x	as long as short