Funding you earn now, next payment 05:00 UTC+0.1389%/8h= +152.1% APRnext payment +$1.74 per $10,000 · paid last 24h —
Price spread now: Hyperliquid against Deribit+0.153%7-day average — · you sell dearer than you buy
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Hyperliquid is 0.153% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RUNE_USDC-PERPETUAL | 0.6349 | 0.0223 | pay 0.0028% / 1h | 32m 37s | — | — | 10x |
| Short | Hyperliquid RUNE | 0.6359 | 0.1612 | get 0.0201% / 1h | 32m 37s | $1.8M | $1.1M | 5x |
Deribit RUNE_USDC-PERPETUAL
Hyperliquid RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. 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
- $291.69
- Price spread: +0.153% → 0.000%
- $15.28
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $290.97
- Costs to cover
- 0.160%
- Break-even
- 0.0 days
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 8 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 1.10 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 | −3.056% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6348 | −0.016% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6348 | −0.016% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6350 | +0.016% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6350 | +0.016% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6351 | +0.032% | $980K | $360K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6356 | +0.110% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6350 | +0.016% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6342 | −0.104% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6349 | +0.002% | $4K | $169K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0121% | 8h | 0.6351 | +0.032% | $442K | $193K | 75x | as long as short |
| Deribit RUNE_USDC-PERPETUALlong | +0.0223% | 1h | 0.6349 | long leg | — | — | 10x | |
| dYdX RUNE-USD | +0.0344% | 1h | 0.6336 | −0.199% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6395 | +0.725% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0951% | 1h | 0.6353 | +0.061% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNEshort | +0.1612% | 1h | 0.6359 | +0.153% | $1.8M | $1.1M | 5x |
BloFin RUNE-USDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD