Funding you earn now, next payment 04:00 UTC+0.1618%/8h= +177.2% APRpaid last 24h +0.120%
Price spread now: Hyperliquid against BloFin+0.110%47s7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as 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−$990.988% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now +0.110%, 7d avg +0.112%
=Together, before fees+0.472%+ Points / potential airdropHyperliquid: Season 2 · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$49 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.188% in total (about 9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6361 | 0.0129 | pay 0.0129% / 8h | 4h 24m | $445K | $195K | 75x |
| Short | Hyperliquid RUNE | 0.6368 | 0.1748 | get 0.0218% / 1h | 24m 09s | $1.8M | $1.1M | 5x |
BloFin RUNE-USDT
Hyperliquid RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $339.85
- Price spread: +0.110% → +0.112%
- −$0.18
- Slippage, 4 orders
- −$77.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $240.91
- Costs to cover
- 0.988%
- Break-even
- 2.0 days
Slippage from BloFin: live order book, 8 min ago; Hyperliquid: live order book, 7 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, 8 min ago | 1.57 bp | 12.5 bp −$12 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 3.37 bp | 24.6 bp −$25 | doesn't fit | 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 | 0.6358 | −0.047% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.238% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0046% | 1h | 0.6345 | −0.256% | $27K | $32K | 5x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6357 | −0.064% | $4.8M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6354 | −0.110% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6353 | −0.126% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6355 | −0.094% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6357 | −0.063% | $913K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6366 | +0.079% | $1.6M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6360 | −0.016% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
dYdX RUNE-USD
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6352 | −0.136% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6353 | −0.121% | $4K | $167K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0129% | 8h | 0.6361 | long leg | $445K | $195K | 75x | |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +0.393% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0986% | 1h | 0.6364 | +0.044% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNEshort | +0.1748% | 1h | 0.6368 | +0.110% | $1.8M | $1.1M | 5x |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD