RUNE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against Bybit+0.341%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$1021.016% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.442%−$44 · spread now +0.341%, 7d avg +0.027%

Together, before fees−0.477%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.314% dearer against Bybit than usual: you sell high and buy low (spread +0.341% now, against its 7-day average of +0.027%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit RUNEUSDT	0.6454	0.0100	pay 0.0100% / 8h	18m 37s	$2.7M	$1.7M	75x
Short	BloFin RUNE-USDT	0.6476	0.0075	get 0.0075% / 8h	18m 37s	$458K	$162K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.341%Rate

Funding earned: −$5.16
Price spread: +0.341% → +0.027%: $31.4
Slippage, 4 orders: −$78.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$75.31
Costs to cover: 1.016%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 57 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 Bybit live order book, 3 min ago	4.64 bp	33.8 bp −$34	71.6 bp −$716	doesn't fit	doesn't fit
Sell BloFin live order book, 57 min ago	1.56 bp	12.7 bp −$13	32.8 bp −$328	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	−0.0675%	1h	0.6477	+0.356%	—	—	10x	as long as short
Coinbase International RUNE-PERP-INTX	+0.0024%	1h	0.6477	+0.356%	$42K	$28K	25x	as long as short
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−4.633%	$7	$24	12x	as long as short
BloFin RUNE-USDTshort	+0.0075%	8h	0.6476	+0.341%	$458K	$162K	75x
Binance RUNEUSDT	+0.0100%	8h	0.6461	+0.108%	$4.9M	$10.9M	75x	as long as short
Bybit RUNEUSDTlong	+0.0100%	8h	0.6454	long leg	$2.7M	$1.7M	75x
Gate RUNE_USDT	+0.0100%	8h	0.6462	+0.124%	$664K	$315K	50x	as long as short
MEXC RUNE_USDT	+0.0100%	8h	0.6456	+0.031%	$3.5M	$1.8M	125x	as long as short
KuCoin RUNEUSDTM	+0.0100%	8h	0.6468	+0.217%	$898K	$212K	50x	as long as short
Bitget RUNEUSDT	+0.0100%	8h	0.6465	+0.170%	$1.6M	$550K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RUNE-USDT	+0.0100%	8h	0.6466	+0.186%	—	$59.1M	—	as long as short
Variational Omni RUNE	+0.0100%	8h	0.6452	−0.037%	$127K	$8K	—	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6457	+0.046%	$4K	$170K	10x	as long as short
Hyperliquid RUNE	+0.1086%	1h	0.6484	+0.465%	$1.8M	$935K	5x	as long as short
dYdX RUNE-USD	+0.1431%	1h	0.6460	+0.085%	$55K	$4K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.1681%	1h	0.6481	+0.415%	$191K	$230K	20x	as long as short