Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.054%
Price spread now: Gate against Coinbase International−0.648%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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.648% cheaper against Coinbase International than usual: you would sell low and buy high, −$65 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RUNE-PERP-INTX | 0.6327 | 0.0104 | pay 0.0013% / 1h | 8m 30s | $37K | $31K | 25x |
| Short | Gate RUNE_USDT | 0.6286 | 0.0100 | get 0.0100% / 8h | 6h 08m | $631K | $378K | 50x |
Coinbase International RUNE-PERP-INTX
Gate RUNE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.84
- Price spread: −0.648% → 0.000%
- −$64.8
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.64
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 58 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 Gate live order book, 58 min ago | 5.31 bp | 51.7 bp −$52 | doesn't fit | 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 15 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 | 0.6291 | −0.569% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.719% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6293 | −0.537% | $4.8M | $15.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6288 | −0.616% | $2.8M | $2.7M | 75x | as long as short |
| Gate RUNE_USDTshort | +0.0100% | 8h | 0.6286 | −0.648% | $631K | $378K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6286 | −0.648% | $3.7M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6286 | −0.648% | $896K | $320K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6301 | −0.411% | $1.5M | $768K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6290 | −0.585% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6303 | −0.381% | $185K | $69K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6284 | −0.672% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0104% | 1h | 0.6327 | long leg | $37K | $31K | 25x | |
| dYdX RUNE-USD | +0.0578% | 1h | 0.6278 | −0.778% | $37K | $22K | 5x | as long as short |
| Hyperliquid RUNE | +0.0819% | 1h | 0.6294 | −0.523% | $1.7M | $1.1M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1770% | 1h | 0.6310 | −0.271% | $182K | $283K | 20x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD