Funding you earn now, next payment 16:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.125%7-day average +0.032% · 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−$66as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.125%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.093% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6387 | 0.0097 | pay 0.0097% / 8h | 7h 27m | $328K | $209K | 75x |
| Short | Bitget RUNEUSDT | 0.6395 | 0.0164 | get 0.0164% / 8h | 7h 27m | $1.5M | $802K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $14.05
- Price spread: +0.125% → +0.032%
- $9.3
- Slippage, 4 orders
- −$51.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$51.74
- Costs to cover
- 0.751%
- Break-even
- 32.8 days
Slippage from BloFin: live order book, 40 min ago; Bitget: 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, 40 min ago | 0.78 bp | 12.2 bp −$12 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.13 bp | 25.0 bp −$25 | 104.4 bp −$1,044 | 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 | −3.632% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDTlong | +0.0097% | 8h | 0.6387 | long leg | $328K | $209K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6385 | −0.031% | $5.1M | $16.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6385 | −0.031% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6392 | +0.078% | $670K | $381K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6382 | −0.078% | $3.8M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6384 | −0.047% | $989K | $366K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6378 | −0.134% | $184K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6386 | −0.013% | $4K | $209K | 10x | as long as short |
| dYdX RUNE-USD | +0.0144% | 1h | 0.6376 | −0.173% | $27K | $32K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0159% | 8h | 0.6391 | +0.063% | — | $3.9M | — | as long as short |
| Bitget RUNEUSDTshort | +0.0164% | 8h | 0.6395 | +0.125% | $1.5M | $802K | 50x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0376% | 1h | 0.6391 | +0.063% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.924% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1222% | 1h | 0.6390 | +0.050% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1682% | 1h | 0.6390 | +0.054% | $149K | $313K | 20x | as long as short |
BloFin RUNE-USDT
Bitget RUNEUSDT
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USD
BingX RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD