Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin+0.031%111s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$800.795% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now +0.031%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.030% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 111 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 | BloFin RUNE-USDT | 0.6428 | 0.0088 | pay 0.0088% / 8h | 1h 49m | $446K | $156K | 75x |
| Short | BingX RUNE-USDT | 0.6430 | 0.0100 | get 0.0100% / 8h | 1h 49m | — | $59.1M | — |
BloFin RUNE-USDT
BingX RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $2.47
- Price spread: +0.031% → +0.001%
- $3
- Slippage, 4 orders
- −$57.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.04
- Costs to cover
- 0.795%
- Break-even
- 216.8 days
Slippage from BloFin: live order book, 31 min ago; BingX: live order book, 4 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 | 3.14 bp | 19.7 bp −$20 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.43 bp | 19.3 bp −$19 | 49.9 bp −$499 | 392.2 bp −$39.2K | 529.2 bp −$264.6K |
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 | −0.1300% | 1h | 0.6441 | +0.202% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.247% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDTlong | +0.0088% | 8h | 0.6428 | long leg | $446K | $156K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6419 | −0.133% | $4.8M | $10.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6416 | −0.187% | $2.8M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6430 | +0.031% | $661K | $295K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6419 | −0.140% | $3.4M | $1.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6416 | −0.187% | $904K | $196K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6422 | −0.093% | $1.6M | $487K | 50x | as long as short |
| BingX RUNE-USDTshort | +0.0100% | 8h | 0.6430 | +0.031% | — | $59.1M | — |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6424 | −0.055% | $127K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6428 | +0.006% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6455 | +0.420% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0476% | 1h | 0.6437 | +0.146% | $1.7M | $864K | 5x | as long as short |
| dYdX RUNE-USD | +0.1457% | 1h | 0.6439 | +0.177% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2125% | 1h | 0.6447 | +0.300% | $178K | $214K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD