Funding you earn now, next payment 04:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.066%
Price spread now: MEXC against Coinbase International−0.610%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 −$17 a day on $10k at the current rate, and MEXC is 0.610% cheaper against Coinbase International than usual: you would sell low and buy high (−$61 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 | 0.6395 | 0.0680 | pay 0.0085% / 1h | 30m 57s | $38K | $30K | 25x |
| Short | MEXC RUNE_USDT | 0.6356 | 0.0100 | get 0.0100% / 8h | 3h 30m | $3.4M | $3.5M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$121.8
- Price spread: −0.610% → 0.000%
- −$60.99
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$196.79
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.79 bp | 7.6 bp −$8 | 45.2 bp −$452 | 112.1 bp −$11.2K | 238.9 bp −$119.5K |
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 | −3.753% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6356 | −0.610% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6354 | −0.641% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6357 | −0.594% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDTshort | +0.0100% | 8h | 0.6356 | −0.610% | $3.4M | $3.5M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6355 | −0.625% | $981K | $360K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6356 | −0.610% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6355 | −0.625% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6357 | −0.588% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6355 | −0.624% | $4K | $169K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0119% | 8h | 0.6354 | −0.641% | $443K | $194K | 75x | as long as short |
| dYdX RUNE-USD | +0.0376% | 1h | 0.6336 | −0.917% | $27K | $32K | 5x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0537% | 1h | 0.6356 | −0.610% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0680% | 1h | 0.6395 | long leg | $38K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0949% | 1h | 0.6363 | −0.508% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1631% | 1h | 0.6365 | −0.474% | $1.8M | $1.1M | 5x | as long as short |
Coinbase International RUNE-PERP-INTX
MEXC RUNE_USDT
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE