Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.189%92s7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as 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−$1121.115% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.330%+$33 · spread now −0.189%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.161% cheaper against BloFin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 92 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 | 0.6345 | 0.0106 | pay 0.0106% / 8h | 3h 25m | $441K | $193K | 75x |
| Short | Bybit RUNEUSDT | 0.6333 | 0.0100 | get 0.0100% / 8h | 3h 25m | $2.9M | $2.8M | 75x |
BloFin RUNE-USDT
Bybit RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$1.31
- Price spread: −0.189% → −0.028%
- −$16.15
- Slippage, 4 orders
- −$88.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.98
- Costs to cover
- 1.115%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Bybit: 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, 66 min ago | 1.57 bp | 12.5 bp −$12 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.16 bp | 33.0 bp −$33 | 66.4 bp −$664 | 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 | 0.6333 | −0.189% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.994% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6331 | −0.221% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6333 | −0.189% | $2.9M | $2.8M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6334 | −0.173% | $627K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6331 | −0.221% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6330 | −0.236% | $976K | $359K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6340 | −0.079% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6337 | −0.126% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6331 | −0.223% | $186K | $67K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6328 | −0.268% | $4K | $169K | 10x | as long as short |
| BloFin RUNE-USDTlong | +0.0106% | 8h | 0.6345 | long leg | $441K | $193K | 75x | |
| dYdX RUNE-USD | +0.0402% | 1h | 0.6330 | −0.240% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6395 | +0.788% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0953% | 1h | 0.6337 | −0.119% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1630% | 1h | 0.6339 | −0.090% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE