Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.016%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1561.558% 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 −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6373 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $656K | $292K | 50x |
| Short | Bybit RUNEUSDT | 0.6372 | 0.0100 | get 0.0100% / 8h | 2h 16m | $2.7M | $1.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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% → −0.059%
- $4.3
- Slippage, 4 orders
- −$129.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.54
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 1 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 Gate live order book, 5 min ago | 5.47 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.35 bp | 38.5 bp −$38 | 68.1 bp −$681 | 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 | −0.2097% | 1h | 0.6377 | +0.063% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.421% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0090% | 8h | 0.6389 | +0.251% | $452K | $153K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6373 | +0.008% | $4.7M | $9.9M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6372 | −0.016% | $2.7M | $1.5M | 75x | |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6373 | long leg | $656K | $292K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6375 | +0.031% | $3.1M | $1.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6377 | +0.063% | $909K | $190K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6374 | +0.016% | $1.6M | $472K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6382 | +0.141% | — | $59.0M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6385 | +0.183% | $126K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6375 | +0.034% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0368% | 1h | 0.6425 | +0.816% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0466% | 1h | 0.6390 | +0.265% | $1.6M | $858K | 5x | as long as short |
| dYdX RUNE-USD | +0.1813% | 1h | 0.6381 | +0.128% | $54K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2403% | 1h | 0.6394 | +0.335% | $177K | $214K | 20x | as long as short |
Gate RUNE_USDT
Bybit RUNEUSDT
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
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD