RUNE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against KuCoin+0.310%65s7-day average +0.058% · 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−$1421.419% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 3 days (all we have)−0.296%−$30 · spread now +0.310%, 7d avg +0.058%

Together, before fees−0.376%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.252% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour. 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	KuCoin RUNEUSDTM	0.6449	0.0100	pay 0.0100% / 8h	36m 11s	$896K	$210K	50x
Short	BloFin RUNE-USDT	0.6469	0.0128	get 0.0128% / 8h	36m 11s	$453K	$162K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.310%Rate

Funding earned: $5.81
Price spread: +0.310% → +0.058%: $25.23
Slippage, 4 orders: −$117.89
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$110.85
Costs to cover: 1.419%
Break-even: 140.5 days

Slippage from KuCoin: live order book, 28 min ago; BloFin: live order book, 40 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, 28 min ago	3.93 bp	45.5 bp −$46	317.4 bp −$3,174	doesn't fit	doesn't fit
Sell BloFin live order book, 40 min ago	1.56 bp	12.7 bp −$13	32.8 bp −$328	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	−0.0679%	1h	0.6453	+0.062%	—	—	10x	as long as short
Coinbase International RUNE-PERP-INTX	+0.0024%	1h	0.6468	+0.295%	$42K	$28K	25x	as long as short
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−4.559%	$7	$24	12x	as long as short
Binance RUNEUSDT	+0.0100%	8h	0.6453	+0.062%	$4.9M	$10.8M	75x	as long as short
Bybit RUNEUSDT	+0.0100%	8h	0.6450	+0.016%	$2.7M	$1.7M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6456	+0.109%	$665K	$313K	50x	as long as short
MEXC RUNE_USDT	+0.0100%	8h	0.6451	+0.031%	$3.3M	$1.7M	125x	as long as short
KuCoin RUNEUSDTMlong	+0.0100%	8h	0.6449	long leg	$896K	$210K	50x
Bitget RUNEUSDT	+0.0100%	8h	0.6459	+0.155%	$1.6M	$536K	50x	as long as short
BingX RUNE-USDT	+0.0100%	8h	0.6451	+0.031%	—	$59.1M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni RUNE	+0.0100%	8h	0.6446	−0.043%	$127K	$8K	—	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6454	+0.074%	$4K	$170K	10x	as long as short
BloFin RUNE-USDTshort	+0.0128%	8h	0.6469	+0.310%	$453K	$162K	75x
Hyperliquid RUNE	+0.1062%	1h	0.6465	+0.248%	$1.7M	$907K	5x	as long as short
dYdX RUNE-USD	+0.1386%	1h	0.6444	−0.078%	$55K	$4K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.1685%	1h	0.6462	+0.205%	$190K	$230K	20x	as long as short