Funding you earn now, next payment 03:00 UTC−0.0576%/8h= −63.1% APRnext payment −$0.72 per $10,000 · paid last 24h −0.060%
Price spread now: Extended against Coinbase International−0.497%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Extended is 0.497% cheaper against Coinbase International than usual: you would sell low and buy high (−$50 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 | 0.6386 | 0.0680 | pay 0.0085% / 1h | 27m 19s | $37K | $30K | 25x |
| Short | Extended RUNE-USD | 0.6354 | 0.0104 | get 0.0013% / 1h | 27m 19s | $4K | $167K | 10x |
Coinbase International RUNE-PERP-INTX
Extended RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$120.96
- Price spread: −0.497% → 0.000%
- −$49.71
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$185.67
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 29 min ago. 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 Extended live order book, 29 min ago | 3.56 bp | 24.6 bp −$25 | 200.5 bp −$2,005 | doesn't fit | doesn't fit |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6356 | −0.470% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.617% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0050% | 1h | 0.6350 | −0.566% | $27K | $32K | 5x | as long as short |
| BloFin RUNE-USDT | +0.0075% | 8h | 0.6352 | −0.532% | $445K | $194K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6358 | −0.442% | $4.8M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6355 | −0.485% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6353 | −0.517% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6355 | −0.485% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6349 | −0.579% | $912K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6365 | −0.329% | $1.6M | $775K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
dYdX RUNE-USD
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC 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 | 0.6353 | −0.517% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6360 | −0.401% | $187K | $67K | — | as long as short |
| Extended RUNE-USDshort | +0.0104% | 1h | 0.6354 | −0.497% | $4K | $167K | 10x | |
| Coinbase International RUNE-PERP-INTXlong | +0.0680% | 1h | 0.6386 | long leg | $37K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0985% | 1h | 0.6365 | −0.331% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1706% | 1h | 0.6364 | −0.349% | $1.8M | $1.1M | 5x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE