Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.054%
Price spread now: Variational Omni against Coinbase International−0.808%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.808% cheaper against Coinbase International than usual: you would sell low and buy high, −$81 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International RUNE-PERP-INTX | 0.6368 | 0.0104 | pay 0.0013% / 1h | 30m 20s | $38K | $31K | 25x |
| Short | Variational Omni RUNE | 0.6317 | 0.0100 | get 0.0100% / 8h | 6h 30m | $186K | $69K | — |
Coinbase International RUNE-PERP-INTX
Variational Omni RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.808% → 0.000%
- −$80.84
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$91.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Variational Omni: RFQ quote, 39 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 Variational Omni RFQ quote, 39 min ago | 7.61 bp | doesn't fit | 62.4 bp −$624 | 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 | 0.6321 | −0.738% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.345% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6321 | −0.738% | $4.9M | $14.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6318 | −0.785% | $2.9M | $2.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6324 | −0.691% | $636K | $366K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6320 | −0.754% | $3.7M | $3.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6323 | −0.707% | $893K | $303K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6330 | −0.597% | $1.6M | $744K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6320 | −0.754% | — | $59.0M | — | as long as short |
| Variational Omni RUNEshort | +0.0100% | 8h | 0.6317 | −0.808% | $186K | $69K | — |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6319 | −0.765% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0104% | 1h | 0.6368 | long leg | $38K | $31K | 25x | |
| dYdX RUNE-USD | +0.0523% | 1h | 0.6317 | −0.801% | $54K | $5K | 5x | as long as short |
| Hyperliquid RUNE | +0.0643% | 1h | 0.6334 | −0.532% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1760% | 1h | 0.6347 | −0.326% | $183K | $282K | 20x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD