Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+2.702%574s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as 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−$500.496% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−2.788%−$279 · spread now +2.702%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 2.679% dearer against MEXC than usual: you sell high and buy low: +$268 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 574 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 | MEXC RUNE_USDT | 0.6365 | 0.0100 | pay 0.0100% / 8h | 6h 39m | $3.6M | $3.1M | 125x |
| Short | BloFin RUNE-USDT | 0.6537 | 0.0127 | get 0.0127% / 8h | 6h 39m | $478K | $193K | 75x |
MEXC RUNE_USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $5.61
- Price spread: +2.702% → +0.024%
- $267.86
- Slippage, 4 orders
- −$33.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $223.84
- Costs to cover
- 0.496%
- Break-even
- from the start
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 26 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 MEXC live order book, 3 min ago | 1.57 bp | 8.0 bp −$8 | 53.1 bp −$531 | 116.1 bp −$11.6K | 235.7 bp −$117.8K |
| Sell BloFin live order book, 26 min ago | 3.80 bp | 19.4 bp −$19 | 43.0 bp −$430 | 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 | 0.0000% | 1h | 0.6359 | −0.094% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.299% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6362 | −0.047% | $5.0M | $14.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6358 | −0.110% | $2.9M | $2.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6365 | 0.000% | $640K | $362K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6365 | long leg | $3.6M | $3.1M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6365 | 0.000% | $899K | $295K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6370 | +0.079% | $1.6M | $735K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6366 | +0.016% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6353 | −0.196% | $171K | $54K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6365 | +0.005% | $4K | $165K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6566 | +3.158% | $39K | $32K | 25x | as long as short |
| BloFin RUNE-USDTshort | +0.0127% | 8h | 0.6537 | +2.702% | $478K | $193K | 75x | |
| dYdX RUNE-USD | +0.0642% | 1h | 0.6363 | −0.038% | $54K | $5K | 5x | as long as short |
| Hyperliquid RUNE | +0.0744% | 1h | 0.6369 | +0.063% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1744% | 1h | 0.6405 | +0.621% | $184K | $278K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD