Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.016%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1941.937% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.016%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RUNEUSDT | 0.6370 | 0.0100 | pay 0.0100% / 8h | 4h 30m | $2.9M | $2.8M | 75x |
| Short | Gate RUNE_USDT | 0.6371 | 0.0100 | get 0.0100% / 8h | 4h 30m | $632K | $369K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- Price spread: +0.016% → +0.060%
- −$4.44
- Slippage, 4 orders
- −$167.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.13
- Costs to cover
- 1.937%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 26 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, 2 min ago | 5.50 bp | 32.8 bp −$33 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 3.94 bp | 60.5 bp −$61 | 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 | 0.6370 | 0.000% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0005% | 1h | 0.6350 | −0.316% | $27K | $32K | 5x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.375% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0098% | 8h | 0.6372 | +0.031% | $447K | $195K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6370 | 0.000% | $4.9M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDTlong | +0.0100% | 8h | 0.6370 | long leg | $2.9M | $2.8M | 75x | |
| Gate RUNE_USDTshort | +0.0100% | 8h | 0.6371 | +0.016% | $632K | $369K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6373 | +0.047% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6357 | −0.204% | $913K | $336K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6377 | +0.110% | $1.6M | $778K | 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 | 0.6370 | 0.000% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6360 | −0.151% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6369 | −0.012% | $4K | $167K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +0.251% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0984% | 1h | 0.6373 | +0.049% | $180K | $289K | 20x | as long as short |
| Hyperliquid RUNE | +0.1723% | 1h | 0.6380 | +0.162% | $1.8M | $1.1M | 5x | as long as short |
Bybit RUNEUSDT
Gate RUNE_USDT
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE