Funding you earn now, next payment 06:00 UTC+0.0823%/8h= +90.2% APRnext payment +$1.03 per $10,000 · paid last 24h —
Price spread now: Kraken Futures against Deribit+0.112%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—needs both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Kraken Futures is 0.112% dearer against Deribit than usual: you sell high and buy low: +$11 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 | 0.6316 | 0 | get 0.0000% / 1h | 54m 41s | — | — | 10x |
| Short | Kraken Futures PF_RUNEUSD | 0.6323 | 0.0823 | get 0.0103% / 1h | 54m 41s | $163K | $312K | 20x |
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $172.91
- Price spread: +0.112% → 0.000%
- $11.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $167.12
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 58 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 Kraken Futures live order book, 58 min ago | 13.32 bp | 36.9 bp −$37 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUALlong | 0.0000% | 1h | 0.6316 | long leg | — | — | 10x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.549% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6315 | −0.016% | $4.8M | $16.0M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6316 | 0.000% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6324 | +0.127% | $626K | $365K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6314 | −0.032% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6322 | +0.095% | $975K | $363K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6324 | +0.127% | $1.5M | $776K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6321 | +0.079% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6327 | +0.180% | $186K | $67K | — | 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 RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6317 | +0.009% | $4K | $154K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6315 | −0.016% | $436K | $210K | 75x | as long as short |
| dYdX RUNE-USD | +0.0595% | 1h | 0.6316 | +0.007% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0624% | 1h | 0.6395 | +1.251% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.0823% | 1h | 0.6323 | +0.112% | $163K | $312K | 20x | |
| Hyperliquid RUNE | +0.1646% | 1h | 0.6324 | +0.123% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE