Funding you earn now, next payment 02:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.057%
Price spread now: KuCoin against Coinbase International−0.237%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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.237% cheaper against Coinbase International than usual: you would sell low and buy high (−$24 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 | 0.6326 | 0.0504 | pay 0.0063% / 1h | 33m 40s | $37K | $31K | 25x |
| Short | KuCoin RUNEUSDTM | 0.6311 | 0.0100 | get 0.0100% / 8h | 5h 33m | $909K | $329K | 50x |
Coinbase International RUNE-PERP-INTX
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$84.84
- Price spread: −0.237% → 0.000%
- −$23.71
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$130.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago | 5.56 bp | 46.5 bp −$47 | 232.1 bp −$2,321 | 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 | −2.703% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6312 | −0.217% | $4.8M | $15.3M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6310 | −0.253% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6310 | −0.253% | $626K | $372K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6311 | −0.237% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6311 | −0.237% | $909K | $329K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6320 | −0.095% | $1.5M | $761K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6312 | −0.221% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6309 | −0.264% | $185K | $67K | — | as long as short |
| BloFin RUNE-USDT | +0.0100% | 8h | 0.6309 | −0.269% | $443K | $191K | 75x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
BloFin RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6308 | −0.281% | $4K | $164K | 10x | as long as short |
| dYdX RUNE-USD | +0.0181% | 1h | 0.6307 | −0.295% | $27K | $32K | 5x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0226% | 1h | 0.6312 | −0.221% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0504% | 1h | 0.6326 | long leg | $37K | $31K | 25x | |
| Hyperliquid RUNE | +0.1518% | 1h | 0.6328 | +0.030% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2072% | 1h | 0.6314 | −0.183% | $180K | $286K | 20x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Deribit RUNE_USDC-PERPETUAL
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD