Funding you earn now, next payment 09:00 UTC−0.1303%/8h= −142.7% APRpaid last 24h −0.215%
Price spread now: BloFin against Hyperliquid−0.151%7-day average −0.113% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 4 days (all we have)−0.472%−$47 · spread now −0.151%, 7d avg −0.113%
=Together, before fees−0.745%+ Points / potential airdropHyperliquid: Season 2 · farm board−$74 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and BloFin is 0.038% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.113%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% 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 | 0.6419 | 0.1429 | pay 0.0179% / 1h | 48m 46s | $1.8M | $1.2M | 5x |
| Short | BloFin RUNE-USDT | 0.6409 | 0.0126 | get 0.0126% / 8h | 7h 48m | $326K | $210K | 75x |
Hyperliquid RUNE
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$273.66
- Price spread: −0.151% → −0.113%
- −$3.8
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$298.46
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; BloFin: live order book, 18 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, 2 min ago | 0.78 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 0.78 bp | 17.7 bp −$18 | 42.7 bp −$427 | 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 | 0.6415 | −0.058% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.108% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6412 | −0.104% | $5.1M | $16.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6415 | −0.058% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6418 | −0.011% | $673K | $379K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6414 | −0.073% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6416 | −0.042% | $994K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6417 | −0.027% | $185K | $70K | — | as long as short |
| dYdX RUNE-USD | +0.0104% | 1h | 0.6409 | −0.144% | $27K | $32K | 5x | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6409 | −0.147% | $4K | $212K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
dYdX RUNE-USD
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDTshort | +0.0126% | 8h | 0.6409 | −0.151% | $326K | $210K | 75x | |
| BingX RUNE-USDT | +0.0158% | 8h | 0.6412 | −0.104% | — | $3.9M | — | as long as short |
| Bitget RUNEUSDT | +0.0160% | 8h | 0.6421 | +0.036% | $1.5M | $795K | 50x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.425% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNElong | +0.1429% | 1h | 0.6419 | long leg | $1.8M | $1.2M | 5x | |
| Kraken Futures PF_RUNEUSD | +0.1674% | 1h | 0.6419 | −0.002% | $150K | $313K | 20x | as long as short |
BingX RUNE-USDT
Bitget RUNEUSDT
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD