Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.094%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2032.027% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.432%+$43 · spread now +0.094%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6353 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $906K | $187K | 50x |
| Short | Bybit RUNEUSDT | 0.6359 | 0.0100 | get 0.0100% / 8h | 3h 30m | $2.7M | $1.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.094% → +0.042%
- $5.21
- Slippage, 4 orders
- −$179.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$197.47
- Costs to cover
- 2.027%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Bybit: live order book, 2 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, 13 min ago | 5.53 bp | 58.0 bp −$58 | 186.3 bp −$1,863 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.30 bp | 41.6 bp −$42 | 72.8 bp −$728 | 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 | −0.0693% | 1h | 0.6356 | +0.047% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.117% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6357 | +0.066% | $4.7M | $9.3M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6359 | +0.094% | $2.7M | $1.4M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6354 | +0.016% | $654K | $283K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6355 | +0.031% | $2.6M | $1.5M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6353 | long leg | $906K | $187K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6367 | +0.220% | $1.5M | $446K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6354 | +0.016% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6362 | +0.143% | $126K | $9K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6354 | +0.015% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0105% | 8h | 0.6361 | +0.126% | $454K | $126K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0320% | 1h | 0.6401 | +0.756% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.1214% | 1h | 0.6373 | +0.309% | $1.7M | $837K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1916% | 1h | 0.6374 | +0.333% | $176K | $223K | 20x | as long as short |
| dYdX RUNE-USD | +0.2182% | 1h | 0.6352 | −0.010% | $54K | $4K | 5x | as long as short |
KuCoin RUNEUSDTM
Bybit RUNEUSDT
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD