Funding you earn now, next payment 22:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.059%
Price spread now: BloFin against Coinbase International−0.591%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.591% cheaper against Coinbase International than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Coinbase International RUNE-PERP-INTX | 0.6432 | 0.0112 | pay 0.0014% / 1h | 9m 26s | $37K | $18K | 25x |
| Short | BloFin RUNE-USDT | 0.6394 | 0.0079 | get 0.0079% / 8h | 1h 09m | $451K | $156K | 75x |
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- −$6.97
- Price spread: −0.591% → 0.000%
- −$59.08
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.05
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; BloFin: 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 1.56 bp | 12.7 bp −$13 | 32.8 bp −$328 | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.466% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.307% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0079% | 8h | 0.6394 | −0.591% | $451K | $156K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6402 | −0.466% | $4.8M | $10.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6400 | −0.498% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6402 | −0.466% | $661K | $303K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6403 | −0.451% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6398 | −0.529% | $902K | $203K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6401 | −0.482% | $1.6M | $512K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6401 | −0.482% | — | $59.2M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
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 | 0.6390 | −0.651% | $126K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6396 | −0.565% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0112% | 1h | 0.6432 | long leg | $37K | $18K | 25x | |
| Hyperliquid RUNE | +0.0770% | 1h | 0.6411 | −0.326% | $1.7M | $876K | 5x | as long as short |
| dYdX RUNE-USD | +0.1301% | 1h | 0.6390 | −0.649% | $54K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2139% | 1h | 0.6404 | −0.429% | $189K | $228K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD