Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: KuCoin against Deribit+0.063%53s7-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 +$3 a day on $10k at the current rate, and KuCoin is 0.063% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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 | Deribit RUNE_USDC-PERPETUAL | 0.6339 | 0 | get 0.0000% / 1h | 31m 27s | — | — | 10x |
| Short | KuCoin RUNEUSDTM | 0.6343 | 0.0100 | get 0.0100% / 8h | 1h 31m | $978K | $364K | 50x |
Deribit RUNE_USDC-PERPETUAL
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.063% → 0.000%
- $6.31
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $8.31
- Costs to cover
- 0.190%
- Break-even
- 4.2 days
Slippage unknown: Deribit: no order-book sample; KuCoin: 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 KuCoin live order book, 58 min ago | 3.18 bp | 46.6 bp −$47 | 192.1 bp −$1,921 | 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 | 0.6339 | long leg | — | — | 10x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.903% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6339 | 0.000% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6335 | −0.063% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6335 | −0.063% | $627K | $365K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6339 | 0.000% | $3.4M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6343 | +0.063% | $978K | $364K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6331 | −0.126% | $1.5M | $784K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6336 | −0.047% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6321 | −0.278% | $183K | $70K | — | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
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 | 0.6334 | −0.074% | $8K | $118K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0106% | 8h | 0.6335 | −0.063% | $435K | $205K | 75x | as long as short |
| dYdX RUNE-USD | +0.0119% | 1h | 0.6329 | −0.150% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0860% | 1h | 0.6339 | −0.005% | $151K | $310K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6361 | +0.347% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1512% | 1h | 0.6345 | +0.099% | $1.8M | $1.2M | 5x | as long as short |
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE