Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin0.000%65s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as 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−$1581.577% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now 0.000%, 7d avg −0.054%
=The price spread pays, funding is against you. KuCoin is 0.054% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.054%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you. The two prices were read 65 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 | 0.6332 | 0.0120 | pay 0.0120% / 8h | 1h 40m | $440K | $206K | 75x |
| Short | KuCoin RUNEUSDTM | 0.6332 | 0.0100 | get 0.0100% / 8h | 1h 40m | $976K | $367K | 50x |
BloFin RUNE-USDT
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.22
- Price spread: 0.000% → −0.054%
- $5.37
- Slippage, 4 orders
- −$133.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$156.59
- Costs to cover
- 1.577%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 37 min ago; KuCoin: live order book, 49 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, 37 min ago | 2.38 bp | 15.5 bp −$16 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 3.18 bp | 46.6 bp −$47 | 192.1 bp −$1,921 | 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 | 0.6326 | −0.095% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.795% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0040% | 1h | 0.6329 | −0.041% | $27K | $32K | 5x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6325 | −0.111% | $4.9M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6330 | −0.032% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6336 | +0.063% | $627K | $365K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6325 | −0.111% | $3.4M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6332 | 0.000% | $976K | $367K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6336 | +0.063% | $1.5M | $789K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6334 | +0.032% | — | $58.7M | — | 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
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 | 0.6338 | +0.101% | $183K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6327 | −0.073% | $8K | $160K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0120% | 8h | 0.6332 | long leg | $440K | $206K | 75x | |
| Kraken Futures PF_RUNEUSD | +0.0862% | 1h | 0.6323 | −0.137% | $152K | $304K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6361 | +0.458% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1638% | 1h | 0.6335 | +0.044% | $1.8M | $1.2M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE