RUNE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0215%/8h= −23.6% APRnext payment −$0.27 per $10,000 · paid last 24h +0.513%

Price spread now: dYdX against Coinbase International−1.229%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 1.229% cheaper against Coinbase International than usual: you would sell low and buy high (−$123 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International RUNE-PERP-INTX	0.6395	0.0624	pay 0.0078% / 1h	55m 57s	$38K	$30K	25x
Short	dYdX RUNE-USD	0.6316	0.0409	get 0.0051% / 1h	55m 57s	$27K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee dYdXbpOrdersPrice spread, now −1.229%Rate

Funding earned: −$45.22
Price spread: −1.229% → 0.000%: −$122.86
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$188.08
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Coinbase International and dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−3.753%	$7	$14	12x	as long as short
Deribit RUNE_USDC-PERPETUAL	+0.0066%	1h	0.6327	−1.063%	—	—	10x	as long as short
BloFin RUNE-USDT	+0.0085%	8h	0.6329	−1.032%	$434K	$211K	75x	as long as short
Binance RUNEUSDT	+0.0100%	8h	0.6324	−1.110%	$4.8M	$16.0M	75x	as long as short
Bybit RUNEUSDT	+0.0100%	8h	0.6324	−1.110%	$2.8M	$2.9M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6327	−1.063%	$627K	$365K	50x	as long as short
MEXC RUNE_USDT	+0.0100%	8h	0.6323	−1.126%	$3.5M	$3.6M	125x	as long as short
KuCoin RUNEUSDTM	+0.0100%	8h	0.6328	−1.048%	$976K	$363K	50x	as long as short
Bitget RUNEUSDT	+0.0100%	8h	0.6334	−0.954%	$1.5M	$777K	50x	as long as short
BingX RUNE-USDT	+0.0100%	8h	0.6328	−1.048%	—	$58.9M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni RUNE	+0.0100%	8h	0.6327	−1.057%	$186K	$67K	—	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6322	−1.137%	$4K	$153K	10x	as long as short
dYdX RUNE-USDshort	+0.0409%	1h	0.6316	−1.229%	$27K	$32K	5x
Coinbase International RUNE-PERP-INTXlong	+0.0624%	1h	0.6395	long leg	$38K	$30K	25x
Kraken Futures PF_RUNEUSD	+0.0822%	1h	0.6330	−1.011%	$163K	$312K	20x	as long as short
Hyperliquid RUNE	+0.1706%	1h	0.6333	−0.965%	$1.8M	$1.1M	5x	as long as short