Funding you earn now, next payment 06:00 UTC+0.0679%/8h= +74.4% APRnext payment +$0.85 per $10,000 · paid last 24h +0.098%
Price spread now: Hyperliquid against Coinbase International−0.339%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.339% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.339% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 40 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RUNE-PERP-INTX | 0.6408 | 0.0864 | pay 0.0108% / 1h | 7m 51s | $37K | $29K | 25x |
| Short | Hyperliquid RUNE | 0.6386 | 0.1543 | get 0.0193% / 1h | 7m 51s | $1.8M | $1.1M | 5x |
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $142.67
- Price spread: −0.339% → 0.000%
- −$33.86
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $89.81
- Costs to cover
- 0.190%
- Break-even
- 2.6 days
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 3 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 Hyperliquid live order book, 3 min ago | 2.74 bp | 18.8 bp −$19 | 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 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 | −3.948% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0064% | 1h | 0.6378 | −0.468% | — | — | 10x | as long as short |
| BloFin RUNE-USDT | +0.0084% | 8h | 0.6385 | −0.359% | $437K | $208K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6377 | −0.484% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6379 | −0.453% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6380 | −0.437% | $631K | $366K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6376 | −0.499% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6383 | −0.390% | $987K | $366K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6384 | −0.375% | $1.6M | $768K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6382 | −0.406% | — | $58.7M | — | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6370 | −0.588% | $184K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6374 | −0.527% | $6K | $110K | 10x | as long as short |
| dYdX RUNE-USD | +0.0788% | 1h | 0.6367 | −0.634% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0854% | 1h | 0.6379 | −0.447% | $148K | $321K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0864% | 1h | 0.6408 | long leg | $37K | $29K | 25x | |
| Hyperliquid RUNEshort | +0.1543% | 1h | 0.6386 | −0.339% | $1.8M | $1.1M | 5x |
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD