Funding you earn now, next payment 20:00 UTC+0.0552%/8hpaid last 24h +0.038%
Price spread now: Bitget against Kraken Futures−0.252%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days+0.715%+$71 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.252%, 7d avg −0.101%
=Funding pays, the price is against you. Bitget is 0.152% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of −0.101%). If the spread goes back, that is −$15 on $10k: about 22 hours of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RUNEUSD | 0.6355 | −0.0452 | get 0.0057% / 1h | 5m 20s | $175K | $234K | 20x |
| Short | Bitget RUNEUSDT | 0.6339 | 0.0100 | get 0.0100% / 8h | 4h 05m | $1.5M | $413K | 50x |
Kraken Futures PF_RUNEUSD
Bitget RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $115.98
- Price spread: −0.252% → −0.101%
- −$15.16
- Slippage, 4 orders
- −$157.41
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.59
- Costs to cover
- 1.794%
- Break-even
- 11.7 days
Slippage from Kraken Futures: live order book, 26 min ago; Bitget: live order book, 6 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, 26 min ago | 40.59 bp | 59.2 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 5.50 bp | 31.8 bp −$32 | 157.8 bp −$1,578 | 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 | −0.0854% | 1h | 0.6336 | −0.299% | — | — | 10x | as long as short |
| Kraken Futures PF_RUNEUSDlong | −0.0452% | 1h | 0.6355 | long leg | $175K | $234K | 20x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.148% | $7 | $35K | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6334 | −0.331% | $4.6M | $8.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6327 | −0.441% | $2.7M | $1.3M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6338 | −0.268% | $653K | $271K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6337 | −0.284% | $2.7M | $1.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6334 | −0.331% | $921K | $165K | 50x | as long as short |
| Bitget RUNEUSDTshort | +0.0100% | 8h | 0.6339 | −0.252% | $1.5M | $413K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6329 | −0.410% | — | $59.2M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
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 | 0.6325 | −0.465% | $125K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6333 | −0.340% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0220% | 8h | 0.6358 | +0.047% | $453K | $120K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0320% | 1h | 0.6373 | +0.283% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0517% | 1h | 0.6346 | −0.137% | $1.6M | $808K | 5x | as long as short |
| dYdX RUNE-USD | +0.3309% | 1h | 0.6335 | −0.314% | $54K | $4K | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD