Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.029%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$710.705% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.029%, 7d avg −0.031%
=The price spread pays, funding is against you. Binance is 0.060% dearer against BloFin than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.031%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6324 | 0.0126 | pay 0.0126% / 8h | 1h 46m | $439K | $205K | 75x |
| Short | Binance RUNEUSDT | 0.6326 | 0.0100 | get 0.0100% / 8h | 1h 46m | $4.9M | $16.2M | 75x |
BloFin RUNE-USDT
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.36
- Price spread: +0.029% → −0.031%
- $6.02
- Slippage, 4 orders
- −$48.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.88
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; Binance: live order book, 9 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 BloFin live order book, 31 min ago | 2.38 bp | 15.5 bp −$16 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.79 bp | 20.9 bp −$21 | 67.6 bp −$676 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.672% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0059% | 1h | 0.6321 | −0.040% | $27K | $32K | 5x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6326 | +0.029% | $4.9M | $16.2M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6329 | +0.079% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6335 | +0.174% | $627K | $364K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6325 | +0.016% | $3.4M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6331 | +0.111% | $976K | $368K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6332 | +0.127% | $1.5M | $787K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6331 | +0.111% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6329 | +0.078% | $183K | $70K | — | as long as short |
Injective RUNE/USDC PERP
dYdX RUNE-USD
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
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 | 0.6324 | +0.005% | $8K | $160K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0126% | 8h | 0.6324 | long leg | $439K | $205K | 75x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0224% | 1h | 0.6328 | +0.063% | — | — | 10x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0861% | 1h | 0.6328 | +0.065% | $154K | $301K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6361 | +0.585% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1598% | 1h | 0.6334 | +0.166% | $1.8M | $1.2M | 5x | as long as short |
Extended RUNE-USD
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE