Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.016%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.016%, 7d avg +0.062%
=Funding pays, the price is against you. BingX is 0.078% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.062%). If the spread goes back, that is −$8 on $10k: about 16 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.002% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6401 | 0.0100 | pay 0.0100% / 8h | 10m 31s | $991K | $361K | 50x |
| Short | BingX RUNE-USDT | 0.6400 | 0.0116 | get 0.0116% / 8h | 10m 31s | — | $58.7M | — |
KuCoin RUNEUSDTM
BingX RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $3.36
- Price spread: −0.016% → +0.062%
- −$7.8
- Slippage, 4 orders
- −$117.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.02
- Costs to cover
- 1.396%
- Break-even
- 307.1 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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 KuCoin live order book, 4 min ago | 0.78 bp | 75.6 bp −$76 | 287.7 bp −$2,877 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.91 bp | 15.4 bp −$15 | 50.5 bp −$505 | 334.4 bp −$33.4K | 509.8 bp −$254.9K |
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 | −3.843% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6398 | −0.050% | $5.0M | $16.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6396 | −0.078% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6400 | −0.016% | $666K | $391K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6398 | −0.047% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6401 | long leg | $991K | $361K | 50x | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6397 | −0.067% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6397 | −0.058% | $8K | $208K | 10x | as long as short |
| BingX RUNE-USDTshort | +0.0116% | 8h | 0.6400 | −0.016% | — | $58.7M | — | |
| BloFin RUNE-USDT | +0.0122% | 8h | 0.6400 | −0.016% | $442K | $210K | 75x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0122% | 8h | 0.6405 | +0.062% | $1.6M | $778K | 50x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0375% | 1h | 0.6402 | +0.016% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0527% | 1h | 0.6386 | −0.239% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0766% | 1h | 0.6407 | +0.090% | $148K | $313K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1024% | 1h | 0.6425 | +0.375% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1459% | 1h | 0.6401 | +0.008% | $1.8M | $1.2M | 5x | as long as short |
Bitget RUNEUSDT
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE