Funding you earn now, next payment 05:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.072%
Price spread now: BloFin against Coinbase International−1.016%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and BloFin is 1.016% cheaper against Coinbase International than usual: you would sell low and buy high (−$102 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Coinbase International RUNE-PERP-INTX | 0.6395 | 0.0624 | pay 0.0078% / 1h | 49m 28s | $38K | $30K | 25x |
| Short | BloFin RUNE-USDT | 0.6330 | 0.0112 | get 0.0112% / 8h | 2h 49m | $435K | $211K | 75x |
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- −$107.56
- Price spread: −1.016% → 0.000%
- −$101.64
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$231.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 33 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 33 min ago | 2.37 bp | 12.2 bp −$12 | 39.6 bp −$396 | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −3.753% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6320 | −1.173% | $4.8M | $16.0M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6323 | −1.126% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6324 | −1.110% | $626K | $365K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6320 | −1.173% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6326 | −1.079% | $975K | $363K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6331 | −1.001% | $1.5M | $777K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6325 | −1.095% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6329 | −1.034% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6319 | −1.183% | $4K | $154K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDTshort | +0.0112% | 8h | 0.6330 | −1.016% | $435K | $211K | 75x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0224% | 1h | 0.6326 | −1.079% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0624% | 1h | 0.6395 | long leg | $38K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0823% | 1h | 0.6326 | −1.072% | $162K | $312K | 20x | as long as short |
| dYdX RUNE-USD | +0.0890% | 1h | 0.6316 | −1.229% | $27K | $32K | 5x | as long as short |
| Hyperliquid RUNE | +0.1633% | 1h | 0.6329 | −1.030% | $1.8M | $1.1M | 5x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
dYdX RUNE-USD
Hyperliquid RUNE