Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Gate+0.047%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 3 days (all we have)−0.323%−$32 · spread now +0.047%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.093% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6384 | 0.0100 | pay 0.0100% / 8h | 1h 59m | $657K | $292K | 50x |
| Short | BloFin RUNE-USDT | 0.6387 | 0.0096 | get 0.0096% / 8h | 1h 59m | $451K | $154K | 75x |
Gate RUNE_USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$0.93
- Price spread: +0.047% → −0.046%
- $9.34
- Slippage, 4 orders
- −$81.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.89
- Costs to cover
- 1.083%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; BloFin: live order book, 21 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 Gate live order book, 22 min ago | 5.47 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 3.14 bp | 14.9 bp −$15 | 32.2 bp −$322 | 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 | −0.1936% | 1h | 0.6389 | +0.078% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.587% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0096% | 8h | 0.6387 | +0.047% | $451K | $154K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6383 | −0.016% | $4.7M | $9.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6377 | −0.110% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6384 | long leg | $657K | $292K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6381 | −0.047% | $3.2M | $1.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6363 | −0.329% | $907K | $190K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6387 | +0.047% | $1.6M | $474K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6381 | −0.047% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
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 | 0.6357 | −0.426% | $125K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6379 | −0.077% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6382 | −0.031% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.1522% | 1h | 0.6382 | −0.028% | $1.6M | $861K | 5x | as long as short |
| dYdX RUNE-USD | +0.1990% | 1h | 0.6351 | −0.514% | $54K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2142% | 1h | 0.6396 | +0.192% | $177K | $214K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD