Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit−0.156%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1021.022% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 3 days (all we have)+0.015%+$1 · spread now −0.156%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.183% cheaper against Bybit than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RUNEUSDT | 0.6403 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $2.7M | $1.6M | 75x |
| Short | BloFin RUNE-USDT | 0.6393 | 0.0102 | get 0.0102% / 8h | 1h 09m | $451K | $156K | 75x |
Bybit RUNEUSDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $0.47
- Price spread: −0.156% → +0.027%
- −$18.3
- Slippage, 4 orders
- −$79.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$119.99
- Costs to cover
- 1.022%
- Break-even
- 1776.2 days
Slippage from Bybit: live order book, 3 min ago; BloFin: 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 Bybit live order book, 3 min ago | 3.91 bp | 36.3 bp −$36 | 182.8 bp −$1,828 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.56 bp | 12.7 bp −$13 | 32.8 bp −$328 | 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 | −0.1154% | 1h | 0.6402 | −0.016% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.873% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6407 | +0.059% | $4.8M | $10.5M | 75x | as long as short |
| Bybit RUNEUSDTlong | +0.0100% | 8h | 0.6403 | long leg | $2.7M | $1.6M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6404 | +0.016% | $661K | $303K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6403 | 0.000% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6398 | −0.078% | $902K | $203K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6414 | +0.172% | $1.6M | $512K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6405 | +0.031% | — | $59.2M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6390 | −0.201% | $126K | $9K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDTshort | +0.0102% | 8h | 0.6393 | −0.156% | $451K | $156K | 75x | |
| Extended RUNE-USD | +0.0104% | 1h | 0.6406 | +0.052% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6432 | +0.453% | $37K | $18K | 25x | as long as short |
| Hyperliquid RUNE | +0.0772% | 1h | 0.6417 | +0.211% | $1.7M | $876K | 5x | as long as short |
| dYdX RUNE-USD | +0.1301% | 1h | 0.6390 | −0.199% | $54K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2136% | 1h | 0.6414 | +0.167% | $189K | $228K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD