Settings8H · net · $10k
Funding arb · Price arb /

RUNE

all RUNE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h
Price spread now: Injective against Deribit−4.232%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 4.232% cheaper against Deribit than usual: you would sell low and buy high (−$423 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit RUNE_USDC-PERPETUAL0.64270.0217pay 0.0027% / 1h22m 43s10x
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h22m 43s$7$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$38.57
Price spread: −4.232% → 0.000%
−$423.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$468.8
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Injective no order-book sample
Deribit and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−4.232%$7$1412x
Binance RUNEUSDT+0.0100%8h0.6428+0.012%$5.1M$16.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6431+0.062%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6430+0.047%$674K$381K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6426−0.016%$3.8M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6422−0.078%$995K$365K50xas long as short
Variational Omni RUNE+0.0100%8h0.6379−0.751%$185K$71Kas long as short
Extended RUNE-USD+0.0104%1h0.6427−0.005%$7K$213K10xas long as short
BloFin RUNE-USDT+0.0122%8h0.6428+0.016%$329K$210K75xas long as short
BingX RUNE-USDT+0.0160%8h0.6433+0.093%$3.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0172%8h0.6438+0.171%$1.5M$802K50xas long as short
Deribit RUNE_USDC-PERPETUALlong+0.0217%1h0.6427long leg10x
dYdX RUNE-USD+0.0246%1h0.6397−0.460%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6433+0.093%$37K$30K25xas long as short
Hyperliquid RUNE+0.1204%1h0.6431+0.068%$1.8M$1.2M5xas long as short
Kraken Futures PF_RUNEUSD+0.1671%1h0.6430+0.048%$150K$313K20xas long as short