Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.016%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2152.153% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.511%+$51 · spread now +0.016%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6313 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $910K | $329K | 50x |
| Short | Bybit RUNEUSDT | 0.6314 | 0.0100 | get 0.0100% / 8h | 5h 29m | $2.8M | $2.8M | 75x |
KuCoin RUNEUSDTM
Bybit RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $0
- Price spread: +0.016% → +0.037%
- −$2.08
- Slippage, 4 orders
- −$192.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$217.34
- Costs to cover
- 2.153%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; Bybit: live order book, 3 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 KuCoin live order book, 15 min ago | 5.56 bp | 101.2 bp −$101 | 261.3 bp −$2,613 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.75 bp | 35.5 bp −$36 | 66.8 bp −$668 | 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 | 0.6319 | +0.095% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.503% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0085% | 8h | 0.6315 | +0.032% | $440K | $192K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6312 | −0.018% | $4.8M | $15.3M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6314 | +0.016% | $2.8M | $2.8M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6325 | +0.190% | $627K | $374K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6313 | 0.000% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6313 | long leg | $910K | $329K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6317 | +0.063% | $1.5M | $762K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6320 | +0.111% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
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 | 0.6319 | +0.090% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6315 | +0.035% | $4K | $162K | 10x | as long as short |
| dYdX RUNE-USD | +0.0157% | 1h | 0.6316 | +0.050% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6334 | +0.333% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1515% | 1h | 0.6334 | +0.329% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2069% | 1h | 0.6325 | +0.183% | $181K | $286K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD