Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.005%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.005%, 7d avg +0.032%
=Together, before fees+0.044%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it 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 | Extended RUNE-USD | 0.6296 | 0.0104 | pay 0.0013% / 1h | 58m 49s | $4K | $164K | 10x |
| Short | Bybit RUNEUSDT | 0.6296 | 0.0100 | get 0.0100% / 8h | 5h 58m | $2.8M | $2.7M | 75x |
Extended RUNE-USD
Bybit RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$0.84
- Price spread: −0.005% → +0.032%
- −$3.7
- Slippage, 4 orders
- −$102.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.93
- Costs to cover
- 1.184%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Bybit: live order book, 3 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 Extended live order book, 2 min ago | 4.13 bp | 24.3 bp −$24 | 211.1 bp −$2,111 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.97 bp | 34.4 bp −$34 | 67.8 bp −$678 | doesn't fit | doesn't fit |
RUNE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RUNE-USD | 0.0000% | 1h | 0.6301 | +0.072% | $27K | $32K | 5x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6296 | −0.005% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.245% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6300 | +0.055% | $4.8M | $15.1M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6296 | −0.005% | $2.8M | $2.7M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6299 | +0.042% | $631K | $357K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6297 | +0.011% | $3.7M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6297 | +0.011% | $898K | $321K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6308 | +0.185% | $1.5M | $753K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6299 | +0.042% | — | $59.0M | — | as long as short |
dYdX RUNE-USD
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6296 | −0.007% | $185K | $69K | — | as long as short |
| Extended RUNE-USDlong | +0.0104% | 1h | 0.6296 | long leg | $4K | $164K | 10x | |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6327 | +0.487% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.0855% | 1h | 0.6313 | +0.268% | $1.7M | $1.1M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2074% | 1h | 0.6310 | +0.221% | $182K | $283K | 20x | as long as short |
Variational Omni RUNE
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD