Funding you earn now, next payment 16:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.123%95s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$850.845% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.245%+$25 · spread now +0.123%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.091% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.032%. The two prices were read 95 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 | BloFin RUNE-USDT | 0.6494 | 0.0123 | pay 0.0123% / 8h | 6h 59m | $330K | $211K | 75x |
| Short | Bitget RUNEUSDT | 0.6502 | 0.0188 | get 0.0188% / 8h | 6h 59m | $1.6M | $802K | 50x |
BloFin RUNE-USDT
Bitget RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $13.7
- Price spread: +0.123% → +0.032%
- $9.1
- Slippage, 4 orders
- −$60.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.71
- Costs to cover
- 0.845%
- Break-even
- 38.5 days
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 5.39 bp | 18.8 bp −$19 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.84 bp | 21.3 bp −$21 | 109.1 bp −$1,091 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −5.220% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6492 | −0.031% | $5.2M | $16.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6496 | +0.031% | $2.9M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6503 | +0.139% | $681K | $386K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6492 | −0.031% | $4.0M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6495 | +0.015% | $1.0M | $366K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6492 | −0.026% | $187K | $72K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6497 | +0.048% | $7K | $207K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0123% | 8h | 0.6494 | long leg | $330K | $211K | 75x | |
| BingX RUNE-USDT | +0.0186% | 8h | 0.6493 | −0.015% | — | $3.9M | — | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USD
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDTshort | +0.0188% | 8h | 0.6502 | +0.123% | $1.6M | $802K | 50x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0211% | 1h | 0.6506 | +0.185% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0264% | 1h | 0.6498 | +0.065% | $28K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6533 | +0.601% | $37K | $29K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1651% | 1h | 0.6510 | +0.241% | $152K | $311K | 20x | as long as short |
| Hyperliquid RUNE | +0.2801% | 1h | 0.6506 | +0.180% | $2.0M | $1.3M | 5x | as long as short |
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE