Funding you earn now, next payment 11:00 UTC−0.0364%/8h= −39.8% APRpaid last 24h −0.395%
Price spread now: Binance against dYdX+0.147%109s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.093%−$209 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.147% dearer against dYdX than usual: you sell high and buy low (spread +0.147% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−2.093% in total) that is about 12 hours. The two prices were read 109 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 | dYdX RUNE-USD | 0.6473 | 0.0464 | pay 0.0058% / 1h | 57m 44s | $27K | $32K | 5x |
| Short | Binance RUNEUSDT | 0.6483 | 0.0100 | get 0.0100% / 8h | 5h 57m | $5.3M | $16.9M | 75x |
dYdX RUNE-USD
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- −$76.35
- Price spread: +0.147% → 0.000%
- $14.75
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.61
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 6 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 1.54 bp | 19.7 bp −$20 | 62.2 bp −$622 | doesn't fit | doesn't fit |
dYdX: 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 exchanges
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 | 0.6483 | +0.153% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.914% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0081% | 8h | 0.6478 | +0.076% | $337K | $230K | 75x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6483 | +0.147% | $5.3M | $16.9M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6483 | +0.153% | $3.0M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6486 | +0.200% | $684K | $380K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6482 | +0.138% | $3.9M | $3.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6485 | +0.184% | $1.0M | $361K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6475 | +0.029% | $187K | $72K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6481 | +0.117% | $5K | $209K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USDShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0154% | 8h | 0.6491 | +0.277% | $1.6M | $807K | 50x | as long as short |
| BingX RUNE-USDT | +0.0163% | 8h | 0.6483 | +0.153% | — | $11.7M | — | as long as short |
| dYdX RUNE-USDlong | +0.0464% | 1h | 0.6473 | long leg | $27K | $32K | 5x | |
| Kraken Futures PF_RUNEUSD | +0.0528% | 1h | 0.6487 | +0.214% | $157K | $312K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1000% | 1h | 0.6509 | +0.555% | $37K | $28K | 25x | as long as short |
| Hyperliquid RUNE | +0.1036% | 1h | 0.6488 | +0.227% | $2.0M | $1.3M | 5x | as long as short |
Bitget RUNEUSDT
BingX RUNE-USDT
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE