Funding you earn now, next payment 16:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance+0.049%81s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as 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−$670.669% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.422%−$42 · spread now +0.049%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 81 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 | Binance RUNEUSDT | 0.6405 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $5.1M | $16.5M | 75x |
| Short | BloFin RUNE-USDT | 0.6408 | 0.0095 | get 0.0095% / 8h | 7h 41m | $328K | $210K | 75x |
Binance RUNEUSDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$1.11
- Price spread: +0.049% → +0.029%
- $2.01
- Slippage, 4 orders
- −$44.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$65.96
- Costs to cover
- 0.669%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 25 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 Binance live order book, 14 min ago | 0.78 bp | 17.1 bp −$17 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 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 | 0.6406 | +0.018% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.901% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0095% | 8h | 0.6408 | +0.049% | $328K | $210K | 75x | |
| Binance RUNEUSDTlong | +0.0100% | 8h | 0.6405 | long leg | $5.1M | $16.5M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6400 | −0.075% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6412 | +0.112% | $672K | $380K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6404 | −0.013% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6408 | +0.049% | $993K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6412 | +0.119% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6403 | −0.032% | $4K | $212K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC 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 | +0.0105% | 1h | 0.6409 | +0.072% | $27K | $32K | 5x | as long as short |
| Bitget RUNEUSDT | +0.0157% | 8h | 0.6410 | +0.081% | $1.5M | $795K | 50x | as long as short |
| BingX RUNE-USDT | +0.0160% | 8h | 0.6407 | +0.034% | — | $3.9M | — | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.643% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1353% | 1h | 0.6410 | +0.079% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1676% | 1h | 0.6412 | +0.114% | $149K | $313K | 20x | as long as short |
dYdX RUNE-USD
Bitget RUNEUSDT
BingX RUNE-USDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD