Funding you earn now, next payment 23:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.057%
Price spread now: Coinbase International against Extended+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Coinbase International is 0.020% dearer against Extended than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RUNE-USD | 0.6566 | 0.0104 | pay 0.0013% / 1h | 4m 59s | $4K | $170K | 10x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6567 | 0.0024 | get 0.0003% / 1h | 4m 59s | $42K | $29K | 25x |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$16.8
- Price spread: +0.020% → 0.000%
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$29.8
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 6 min ago; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 6 min ago | 5.03 bp | 25.6 bp −$26 | 224.3 bp −$2,243 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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-PERPETUAL | −0.0511% | 1h | 0.6562 | −0.056% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0024% | 1h | 0.6567 | +0.020% | $42K | $29K | 25x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −6.255% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6566 | +0.005% | $5.0M | $11.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6563 | −0.041% | $2.9M | $1.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6563 | −0.041% | $674K | $322K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6566 | +0.005% | $3.4M | $1.9M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6558 | −0.117% | $911K | $215K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6558 | −0.117% | $1.6M | $566K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6564 | −0.026% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6533 | −0.504% | $129K | $8K | — | as long as short |
| Extended RUNE-USDlong | +0.0104% | 1h | 0.6566 | long leg | $4K | $170K | 10x | |
| BloFin RUNE-USDT | +0.0109% | 8h | 0.6558 | −0.117% | $456K | $165K | 75x | as long as short |
| Hyperliquid RUNE | +0.1156% | 1h | 0.6578 | +0.191% | $1.8M | $941K | 5x | as long as short |
| dYdX RUNE-USD | +0.1236% | 1h | 0.6550 | −0.246% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1657% | 1h | 0.6574 | +0.129% | $194K | $231K | 20x | as long as short |
Variational Omni RUNE
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD