Funding you earn now, next payment 05:00 UTC−0.1405%/8h= −153.9% APRpaid last 24h −0.119%
Price spread now: BingX against Hyperliquid−0.212%7-day average −0.102% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days+0.187%+$19 · spread now −0.212%, 7d avg −0.102%
=Together, before fees+0.075%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and BingX is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid RUNE | 0.6379 | 0.1505 | pay 0.0188% / 1h | 57m 10s | $1.8M | $1.1M | 5x |
| Short | BingX RUNE-USDT | 0.6365 | 0.0100 | get 0.0100% / 8h | 3h 57m | — | $58.9M | — |
Hyperliquid RUNE
BingX RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$295.1
- Price spread: −0.212% → −0.102%
- −$10.98
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$325.07
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; BingX: live order book, 7 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 Hyperliquid live order book, 4 min ago | 1.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.94 bp | 24.6 bp −$25 | 67.4 bp −$674 | 387.5 bp −$38.7K | 522.2 bp −$261.1K |
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 | −3.504% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0064% | 1h | 0.6368 | −0.165% | — | — | 10x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6367 | −0.175% | $4.9M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6369 | −0.149% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6371 | −0.118% | $631K | $367K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6366 | −0.196% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6370 | −0.133% | $915K | $336K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6361 | −0.274% | $1.6M | $777K | 50x | as long as short |
| BingX RUNE-USDTshort | +0.0100% | 8h | 0.6365 | −0.212% | — | $58.9M | — | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6357 | −0.339% | $187K | $67K | — | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
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 | 0.6365 | −0.207% | $8K | $169K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0128% | 8h | 0.6362 | −0.259% | $441K | $195K | 75x | as long as short |
| dYdX RUNE-USD | +0.0377% | 1h | 0.6352 | −0.417% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6076 | −4.742% | $36K | $29K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0947% | 1h | 0.6376 | −0.036% | $180K | $290K | 20x | as long as short |
| Hyperliquid RUNElong | +0.1505% | 1h | 0.6379 | long leg | $1.8M | $1.1M | 5x |
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD