Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin−0.156%95s7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as 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−$1581.576% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.156%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.208% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.051%. The two prices were read 95 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 | KuCoin RUNEUSDTM | 0.6390 | 0.0100 | pay 0.0100% / 8h | 21m 34s | $990K | $361K | 50x |
| Short | BloFin RUNE-USDT | 0.6380 | 0.0097 | get 0.0097% / 8h | 21m 34s | $443K | $209K | 75x |
KuCoin RUNEUSDTM
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$0.68
- Price spread: −0.156% → +0.051%
- −$20.76
- Slippage, 4 orders
- −$133.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$179.05
- Costs to cover
- 1.576%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; BloFin: live order book, 50 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 KuCoin live order book, 63 min ago | 7.06 bp | 85.9 bp −$86 | 229.9 bp −$2,299 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 2.36 bp | 17.5 bp −$17 | 39.2 bp −$392 | 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 | 0.6385 | −0.078% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.678% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0097% | 8h | 0.6380 | −0.156% | $443K | $209K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6382 | −0.124% | $5.0M | $16.3M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6380 | −0.156% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6387 | −0.047% | $665K | $390K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6383 | −0.110% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6390 | long leg | $990K | $361K | 50x | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6375 | −0.230% | $184K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6381 | −0.134% | $4K | $206K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0104% | 8h | 0.6394 | +0.063% | $1.6M | $772K | 50x | as long as short |
| BingX RUNE-USDT | +0.0106% | 8h | 0.6385 | −0.078% | — | $58.7M | — | as long as short |
| dYdX RUNE-USD | +0.0249% | 1h | 0.6377 | −0.207% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0768% | 1h | 0.6388 | −0.024% | $148K | $314K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1024% | 1h | 0.6430 | +0.626% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1438% | 1h | 0.6390 | −0.002% | $1.8M | $1.1M | 5x | as long as short |
Bitget RUNEUSDT
BingX RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE