Funding you earn now, next payment 20:00 UTC−0.0552%/8hpaid last 24h −0.038%
Price spread now: Kraken Futures against Bitget+0.253%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days−0.715%−$71 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.253%, 7d avg +0.101%
=The price spread pays, funding is against you. Kraken Futures is 0.152% dearer against Bitget than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.101%): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RUNEUSDT | 0.6339 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $1.5M | $413K | 50x |
| Short | Kraken Futures PF_RUNEUSD | 0.6355 | −0.0452 | pay 0.0057% / 1h | 5m 24s | $175K | $234K | 20x |
Bitget RUNEUSDT
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$115.98
- Price spread: +0.253% → +0.101%
- $15.22
- Slippage, 4 orders
- −$157.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$280.17
- Costs to cover
- 1.794%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; Kraken Futures: 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 Bitget live order book, 6 min ago | 5.50 bp | 33.7 bp −$34 | 186.8 bp −$1,868 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 26 min ago | 40.59 bp | 54.8 bp −$55 | doesn't fit | 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 | −0.0854% | 1h | 0.6336 | −0.047% | — | — | 10x | as long as short |
| Kraken Futures PF_RUNEUSDshort | −0.0452% | 1h | 0.6355 | +0.253% | $175K | $234K | 20x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.903% | $7 | $35K | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6334 | −0.079% | $4.6M | $8.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6327 | −0.189% | $2.7M | $1.3M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6338 | −0.016% | $653K | $271K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6337 | −0.032% | $2.7M | $1.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6334 | −0.079% | $921K | $165K | 50x | as long as short |
| Bitget RUNEUSDTlong | +0.0100% | 8h | 0.6339 | long leg | $1.5M | $413K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6329 | −0.158% | — | $59.2M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6325 | −0.213% | $125K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6333 | −0.088% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0220% | 8h | 0.6358 | +0.300% | $453K | $120K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0320% | 1h | 0.6373 | +0.536% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0517% | 1h | 0.6346 | +0.115% | $1.6M | $808K | 5x | as long as short |
| dYdX RUNE-USD | +0.3309% | 1h | 0.6335 | −0.062% | $54K | $4K | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD