Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h —
Price spread now: BloFin against Deribit+0.205%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.205% dearer against Deribit than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Deribit RUNE_USDC-PERPETUAL | 0.6348 | 0 | get 0.0000% / 1h | 16m 13s | — | — | 10x |
| Short | BloFin RUNE-USDT | 0.6361 | 0.0106 | get 0.0106% / 8h | 4h 16m | $447K | $195K | 75x |
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $22.33
- Price spread: +0.205% → 0.000%
- $20.48
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $23.8
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 16 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 16 min ago | 1.57 bp | 31.0 bp −$31 | 74.3 bp −$743 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALlong | 0.0000% | 1h | 0.6348 | long leg | — | — | 10x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.040% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0049% | 1h | 0.6348 | −0.003% | $27K | $32K | 5x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6346 | −0.032% | $4.8M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6349 | +0.016% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6355 | +0.110% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6348 | 0.000% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6344 | −0.063% | $911K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6357 | +0.142% | $1.6M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6351 | +0.047% | — | $58.9M | — | as long as short |
Injective RUNE/USDC PERP
dYdX RUNE-USD
Binance RUNEUSDT
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 | 0.6350 | +0.029% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6347 | −0.013% | $4K | $164K | 10x | as long as short |
| BloFin RUNE-USDTshort | +0.0106% | 8h | 0.6361 | +0.205% | $447K | $195K | 75x | |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +0.599% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0987% | 1h | 0.6355 | +0.107% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1802% | 1h | 0.6363 | +0.236% | $1.8M | $1.1M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE