Funding you earn now, next payment 08:00 UTC−0.0667%/8h= −73.1% APRpaid last 24h −0.149%
Price spread now: BingX against Kraken Futures+0.102%7-day average −0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.102%, 7d avg −0.140%
=The price spread pays, funding is against you. BingX is 0.242% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.140%): +$24 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.486%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RUNEUSD | 0.6386 | 0.0768 | pay 0.0096% / 1h | 37m 10s | $148K | $321K | 20x |
| Short | BingX RUNE-USDT | 0.6393 | 0.0101 | get 0.0101% / 8h | 37m 10s | — | $58.7M | — |
Kraken Futures PF_RUNEUSD
BingX RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$140.14
- Price spread: +0.102% → −0.140%
- $24.24
- Slippage, 4 orders
- −$101.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$237.02
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; BingX: live order book, 2 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 Kraken Futures live order book, 1 min ago | 14.87 bp | 52.7 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.91 bp | 19.3 bp −$19 | 49.2 bp −$492 | 342.7 bp −$34.3K | 504.2 bp −$252.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6389 | +0.039% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.625% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0097% | 8h | 0.6391 | +0.071% | $439K | $210K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6386 | −0.011% | $5.0M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6385 | −0.023% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6396 | +0.149% | $636K | $370K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6387 | +0.008% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6393 | +0.102% | $990K | $363K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6395 | +0.137% | $185K | $70K | — | as long as short |
| BingX RUNE-USDTshort | +0.0101% | 8h | 0.6393 | +0.102% | — | $58.7M | — |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0102% | 8h | 0.6396 | +0.149% | $1.6M | $771K | 50x | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6388 | +0.026% | $4K | $206K | 10x | as long as short |
| dYdX RUNE-USD | +0.0213% | 1h | 0.6384 | −0.033% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.0768% | 1h | 0.6386 | long leg | $148K | $321K | 20x | |
| Coinbase International RUNE-PERP-INTX | +0.1024% | 1h | 0.6430 | +0.681% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1442% | 1h | 0.6392 | +0.091% | $1.8M | $1.1M | 5x | as long as short |
Bitget RUNEUSDT
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE