Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.106%55s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as 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−$1211.214% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.106%, 7d avg −0.023%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.084% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 55 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 | Bitget RUNEUSDT | 0.6575 | 0.0100 | pay 0.0100% / 8h | 7h 36m | $1.6M | $632K | 50x |
| Short | BloFin RUNE-USDT | 0.6568 | 0.0085 | get 0.0085% / 8h | 7h 36m | $480K | $187K | 75x |
Bitget RUNEUSDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$3.17
- Price spread: −0.106% → −0.023%
- −$8.36
- Slippage, 4 orders
- −$97.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.93
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 34 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 Bitget live order book, 1 min ago | 4.56 bp | 48.7 bp −$49 | 173.3 bp −$1,733 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 3.86 bp | 23.6 bp −$24 | 54.0 bp −$540 | 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 | −0.0814% | 1h | 0.6571 | −0.061% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −6.388% | $7 | $14 | 12x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0056% | 1h | 0.6590 | +0.228% | $39K | $32K | 25x | as long as short |
| BloFin RUNE-USDTshort | +0.0085% | 8h | 0.6568 | −0.106% | $480K | $187K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6566 | −0.143% | $5.2M | $12.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6566 | −0.137% | $2.9M | $2.1M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6563 | −0.183% | $664K | $343K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6565 | −0.152% | $3.7M | $2.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6564 | −0.167% | $925K | $237K | 50x | as long as short |
| Bitget RUNEUSDTlong | +0.0100% | 8h | 0.6575 | long leg | $1.6M | $632K | 50x |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Coinbase International RUNE-PERP-INTX
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0100% | 8h | 0.6565 | −0.152% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6563 | −0.183% | $129K | $7K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6563 | −0.176% | $4K | $167K | 10x | as long as short |
| dYdX RUNE-USD | +0.0422% | 1h | 0.6560 | −0.221% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0597% | 1h | 0.6579 | +0.058% | $195K | $239K | 20x | as long as short |
| Hyperliquid RUNE | +0.0989% | 1h | 0.6580 | +0.073% | $1.8M | $968K | 5x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE