Funding you earn now, next payment 08:00 UTC+0.0512%/8h= +56.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.058%
Price spread now: Kraken Futures against Coinbase International−0.292%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 pays, the price is against you. Kraken Futures is 0.292% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.292% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 46 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RUNE-PERP-INTX | 0.6446 | 0.1160 | pay 0.0145% / 1h | 50m 32s | $37K | $30K | 25x |
| Short | Kraken Futures PF_RUNEUSD | 0.6427 | 0.1672 | get 0.0209% / 1h | 50m 32s | $150K | $313K | 20x |
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $107.53
- Price spread: −0.292% → 0.000%
- −$29.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $58.33
- Costs to cover
- 0.200%
- Break-even
- 3.2 days
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 47 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 Kraken Futures live order book, 47 min ago | 14.87 bp | 29.2 bp −$29 | 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 | −4.514% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0062% | 1h | 0.6422 | −0.372% | — | — | 10x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6414 | −0.496% | $5.1M | $16.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6415 | −0.481% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6415 | −0.481% | $672K | $379K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6416 | −0.465% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6416 | −0.465% | $994K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6417 | −0.451% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6415 | −0.488% | $4K | $212K | 10x | as long as short |
| dYdX RUNE-USD | +0.0127% | 1h | 0.6419 | −0.412% | $27K | $32K | 5x | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USD
dYdX RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6421 | −0.388% | $327K | $211K | 75x | as long as short |
| BingX RUNE-USDT | +0.0158% | 8h | 0.6419 | −0.419% | — | $3.9M | — | as long as short |
| Bitget RUNEUSDT | +0.0161% | 8h | 0.6425 | −0.326% | $1.5M | $795K | 50x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.1160% | 1h | 0.6446 | long leg | $37K | $30K | 25x | |
| Hyperliquid RUNE | +0.1451% | 1h | 0.6422 | −0.379% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.1672% | 1h | 0.6427 | −0.292% | $150K | $313K | 20x |
BloFin RUNE-USDT
BingX RUNE-USDT
Bitget RUNEUSDT
Hyperliquid RUNE