Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC−0.031%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now −0.031%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.049% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RUNE_USDT | 0.6449 | 0.0100 | pay 0.0100% / 8h | 44m 41s | $3.3M | $1.7M | 125x |
| Short | BloFin RUNE-USDT | 0.6447 | 0.0078 | get 0.0078% / 8h | 44m 41s | $450K | $161K | 75x |
MEXC RUNE_USDT
BloFin RUNE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$4.54
- Price spread: −0.031% → +0.018%
- −$4.95
- Slippage, 4 orders
- −$27.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.15
- Costs to cover
- 0.437%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 31 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 MEXC live order book, 2 min ago | 0.78 bp | 5.4 bp −$5 | 5.8 bp −$58 | 87.4 bp −$8,736 | 227.1 bp −$113.5K |
| Sell BloFin live order book, 31 min ago | 1.56 bp | 12.7 bp −$13 | 32.8 bp −$328 | 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 | −0.0834% | 1h | 0.6451 | +0.031% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0024% | 1h | 0.6453 | +0.062% | $37K | $18K | 25x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.559% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDTshort | +0.0078% | 8h | 0.6447 | −0.031% | $450K | $161K | 75x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6450 | +0.023% | $4.8M | $10.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6447 | −0.031% | $2.7M | $1.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6449 | 0.000% | $665K | $312K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6449 | long leg | $3.3M | $1.7M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6449 | 0.000% | $903K | $209K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6455 | +0.093% | $1.6M | $533K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0100% | 8h | 0.6449 | 0.000% | — | $59.2M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6442 | −0.113% | $127K | $8K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6447 | −0.024% | $4K | $170K | 10x | as long as short |
| dYdX RUNE-USD | +0.1078% | 1h | 0.6444 | −0.079% | $55K | $4K | 5x | as long as short |
| Hyperliquid RUNE | +0.1194% | 1h | 0.6462 | +0.198% | $1.7M | $909K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1685% | 1h | 0.6465 | +0.242% | $190K | $229K | 20x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD