Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX−0.047%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.395%−$39 · spread now −0.047%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.046% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RUNE-USDT | 0.6333 | 0.0100 | pay 0.0100% / 8h | 5h 04m | — | $59.0M | — |
| Short | BloFin RUNE-USDT | 0.6330 | 0.0106 | get 0.0106% / 8h | 5h 04m | $444K | $193K | 75x |
BingX RUNE-USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $1.33
- Price spread: −0.047% → −0.002%
- −$4.57
- Slippage, 4 orders
- −$54.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.01
- Costs to cover
- 0.768%
- Break-even
- 428.2 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 33 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 BingX live order book, 4 min ago | 4.72 bp | 20.0 bp −$20 | 48.8 bp −$488 | 382.6 bp −$38.3K | 493.3 bp −$246.7K |
| Sell BloFin live order book, 33 min ago | 3.18 bp | 22.2 bp −$22 | 62.7 bp −$627 | 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 | 0.6336 | +0.047% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.811% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6337 | +0.063% | $4.8M | $15.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6338 | +0.079% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6334 | +0.016% | $628K | $377K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6335 | +0.032% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6334 | +0.016% | $919K | $330K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6346 | +0.205% | $1.5M | $768K | 50x | as long as short |
| BingX RUNE-USDTlong | +0.0100% | 8h | 0.6333 | long leg | — | $59.0M | — | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6335 | +0.028% | $186K | $67K | — | 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
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6335 | +0.038% | $4K | $165K | 10x | as long as short |
| BloFin RUNE-USDTshort | +0.0106% | 8h | 0.6330 | −0.047% | $444K | $193K | 75x | |
| dYdX RUNE-USD | +0.0146% | 1h | 0.6329 | −0.067% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6381 | +0.758% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1511% | 1h | 0.6353 | +0.321% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2063% | 1h | 0.6344 | +0.166% | $181K | $286K | 20x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD