Funding you earn now, next payment 16:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC−0.109%109s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as 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−$460.464% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.109%, 7d avg +0.020%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.129% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 109 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 | MEXC RUNE_USDT | 0.6417 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $3.9M | $3.8M | 125x |
| Short | BloFin RUNE-USDT | 0.6410 | 0.0091 | get 0.0091% / 8h | 7h 51m | $447K | $210K | 75x |
MEXC RUNE_USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$1.94
- Price spread: −0.109% → +0.020%
- −$12.9
- Slippage, 4 orders
- −$30.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.28
- Costs to cover
- 0.464%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 16 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 MEXC live order book, 6 min ago | 1.56 bp | 8.4 bp −$8 | 46.2 bp −$462 | 103.9 bp −$10.4K | 223.0 bp −$111.5K |
| Sell BloFin live order book, 16 min ago | 0.78 bp | 17.7 bp −$18 | 42.7 bp −$427 | 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 | 0.6407 | −0.156% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.083% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0091% | 8h | 0.6410 | −0.109% | $447K | $210K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6411 | −0.100% | $5.1M | $16.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6414 | −0.047% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6414 | −0.047% | $672K | $379K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6417 | long leg | $3.9M | $3.8M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6411 | −0.094% | $994K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6415 | −0.032% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6406 | −0.171% | $8K | $208K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX RUNE-USD | +0.0143% | 1h | 0.6409 | −0.117% | $27K | $32K | 5x | as long as short |
| BingX RUNE-USDT | +0.0145% | 8h | 0.6413 | −0.062% | — | $3.9M | — | as long as short |
| Bitget RUNEUSDT | +0.0158% | 8h | 0.6418 | +0.016% | $1.5M | $794K | 50x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.452% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1472% | 1h | 0.6420 | +0.048% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1676% | 1h | 0.6412 | −0.084% | $149K | $313K | 20x | as long as short |
dYdX RUNE-USD
BingX RUNE-USDT
Bitget RUNEUSDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD