Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX+0.047%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$840.841% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.047%, 7d avg −0.005%
=The price spread pays, funding is against you. BloFin is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.005%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.075% in total) that is about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RUNE-USDT | 0.6340 | 0.0100 | pay 0.0100% / 8h | 4h 19m | — | $58.9M | — |
| Short | BloFin RUNE-USDT | 0.6343 | 0.0088 | get 0.0088% / 8h | 4h 19m | $446K | $194K | 75x |
BingX RUNE-USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.54
- Price spread: +0.047% → −0.005%
- $5.27
- Slippage, 4 orders
- −$62.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.4
- Costs to cover
- 0.841%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 13 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 BingX live order book, 5 min ago | 3.93 bp | 20.0 bp −$20 | 48.2 bp −$482 | 369.7 bp −$37.0K | 484.7 bp −$242.3K |
| Sell BloFin live order book, 13 min ago | 1.57 bp | 31.0 bp −$31 | 74.3 bp −$743 | 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 | 0.6342 | +0.032% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.918% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0053% | 1h | 0.6339 | −0.020% | $27K | $32K | 5x | as long as short |
| BloFin RUNE-USDTshort | +0.0088% | 8h | 0.6343 | +0.047% | $446K | $194K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6337 | −0.047% | $4.8M | $15.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6338 | −0.032% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6343 | +0.047% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6339 | −0.016% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6340 | 0.000% | $910K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6347 | +0.110% | $1.6M | $775K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
dYdX RUNE-USD
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDTlong | +0.0100% | 8h | 0.6340 | long leg | — | $58.9M | — | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6350 | +0.155% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6339 | −0.010% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +0.726% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0989% | 1h | 0.6345 | +0.080% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1797% | 1h | 0.6354 | +0.221% | $1.8M | $1.1M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE