Funding you earn now, next payment 00:00 UTC−0.0120%/8hnext payment −$1.20 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin+0.086%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.015%−$1 · spread now +0.086%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.104% dearer against BloFin than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.017%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RUNE-USDT | 0.6336 | 0.0220 | pay 0.0220% / 8h | 4h 04m | $452K | $119K | 75x |
| Short | Binance RUNEUSDT | 0.6341 | 0.0100 | get 0.0100% / 8h | 4h 04m | $4.7M | $8.8M | 75x |
BloFin RUNE-USDT
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$25.2
- Price spread: +0.086% → −0.017%
- $10.36
- Slippage, 4 orders
- −$51.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.67
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Binance: live order book, 9 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 BloFin live order book, 25 min ago | 4.78 bp | 17.4 bp −$17 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.79 bp | 20.8 bp −$21 | 66.6 bp −$666 | 618.0 bp −$61.8K | 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 | 0.000% | — | — | 10x | as long as short |
| Kraken Futures PF_RUNEUSD | −0.0452% | 1h | 0.6355 | +0.300% | $175K | $234K | 20x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.857% | $7 | $35K | 12x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6341 | +0.086% | $4.7M | $8.8M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6341 | +0.079% | $2.7M | $1.3M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6338 | +0.032% | $653K | $272K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6344 | +0.126% | $2.7M | $1.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6340 | +0.063% | $922K | $166K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6350 | +0.221% | $1.5M | $413K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6336 | 0.000% | — | $59.2M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
Injective RUNE/USDC PERP
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
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 | −0.166% | $125K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6341 | +0.082% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0220% | 8h | 0.6336 | long leg | $452K | $119K | 75x | |
| Coinbase International RUNE-PERP-INTX | +0.0320% | 1h | 0.6373 | +0.584% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0523% | 1h | 0.6347 | +0.174% | $1.6M | $808K | 5x | as long as short |
| dYdX RUNE-USD | +0.3309% | 1h | 0.6335 | −0.015% | $54K | $4K | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD