Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin+0.047%65s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as 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−$1841.844% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now +0.047%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.109% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 65 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 | 0.6335 | 0.0091 | pay 0.0091% / 8h | 5h 02m | $446K | $193K | 75x |
| Short | KuCoin RUNEUSDTM | 0.6338 | 0.0100 | get 0.0100% / 8h | 5h 02m | $919K | $330K | 50x |
BloFin RUNE-USDT
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1.94
- Price spread: +0.047% → −0.061%
- $10.85
- Slippage, 4 orders
- −$160.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.61
- Costs to cover
- 1.844%
- Break-even
- 627.6 days
Slippage from BloFin: live order book, 35 min ago; KuCoin: live order book, 42 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, 35 min ago | 3.18 bp | 14.5 bp −$15 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 5.56 bp | 46.5 bp −$47 | 232.1 bp −$2,321 | 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 | 0.6332 | −0.047% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.841% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDTlong | +0.0091% | 8h | 0.6335 | long leg | $446K | $193K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6331 | −0.055% | $4.8M | $15.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6333 | −0.032% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6337 | +0.032% | $628K | $377K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6332 | −0.047% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6338 | +0.047% | $919K | $330K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6342 | +0.110% | $1.5M | $766K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6330 | −0.079% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
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 | 0.6335 | −0.004% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6328 | −0.104% | $4K | $165K | 10x | as long as short |
| dYdX RUNE-USD | +0.0139% | 1h | 0.6329 | −0.099% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6381 | +0.726% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1533% | 1h | 0.6349 | +0.224% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2064% | 1h | 0.6340 | +0.075% | $181K | $286K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD