Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.042%
Price spread now: Injective against Bitget−3.056%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.056% cheaper against Bitget than usual: you would sell low and buy high (−$306 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.63490.0100pay 0.0100% / 8h2h 57m$1.5M$462K50x
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h57m 04s$7$2412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −3.056% → 0.000%
−$305.56
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$331.58
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago5.55 bp29.2 bp −$29100.1 bp −$1,001doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL−0.0695%1h0.6342−0.110%10xas long as short
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−3.056%$7$2412x
Binance RUNEUSDT+0.0100%8h0.6339−0.158%$4.6M$9.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6342−0.110%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6344−0.079%$653K$284K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6340−0.142%$2.6M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6342−0.110%$904K$191K50xas long as short
Bitget RUNEUSDTlong+0.0100%8h0.6349long leg$1.5M$462K50x
BingX RUNE-USDT+0.0100%8h0.6342−0.110%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6306−0.684%$124K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6338−0.167%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0126%8h0.6350+0.016%$443K$128K75xas long as short
Hyperliquid RUNE+0.0258%1h0.6345−0.069%$1.6M$861K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6365+0.252%$38K$16K25xas long as short
dYdX RUNE-USD+0.1703%1h0.6337−0.190%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2418%1h0.6355+0.087%$176K$213K20xas long as short