Funding you earn now, next payment 09:00 UTC+0.1568%/8h= +171.7% APRnext payment +$1.96 per $10,000 · paid last 24h +0.156%
Price spread now: Kraken Futures against Extended+0.201%7-day average +0.206% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1321.318% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.201%, 7d avg +0.206%
=Together, before fees−0.384%+ Points / potential airdropExtended: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.206%, so right now this pair is about funding alone: +$47 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.417% in total (about -21.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RUNE-USD | 0.6414 | 0.0104 | pay 0.0013% / 1h | 50m 59s | $4K | $212K | 10x |
| Short | Kraken Futures PF_RUNEUSD | 0.6427 | 0.1672 | get 0.0209% / 1h | 50m 59s | $150K | $313K | 20x |
Extended RUNE-USD
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $329.29
- Price spread: +0.201% → +0.206%
- −$0.5
- Slippage, 4 orders
- −$116.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $197.03
- Costs to cover
- 1.318%
- Break-even
- 2.8 days
Slippage from Extended: live order book, 45 min ago; Kraken Futures: live order book, 47 min ago.
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, 45 min ago | 4.63 bp | 25.7 bp −$26 | 263.5 bp −$2,635 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 47 min ago | 14.87 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.042% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0062% | 1h | 0.6422 | +0.121% | — | — | 10x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6418 | +0.052% | $5.1M | $16.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6423 | +0.136% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6415 | +0.012% | $672K | $379K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6416 | +0.027% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6416 | +0.027% | $994K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6415 | +0.011% | $185K | $70K | — | as long as short |
| Extended RUNE-USDlong | +0.0104% | 1h | 0.6414 | long leg | $4K | $212K | 10x | |
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6421 | +0.105% | $327K | $211K | 75x | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
BloFin RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX RUNE-USD | +0.0143% | 1h | 0.6409 | −0.074% | $27K | $32K | 5x | as long as short |
| Bitget RUNEUSDT | +0.0158% | 8h | 0.6427 | +0.199% | $1.5M | $795K | 50x | as long as short |
| BingX RUNE-USDT | +0.0158% | 8h | 0.6422 | +0.121% | — | $3.9M | — | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.495% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1463% | 1h | 0.6423 | +0.136% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.1672% | 1h | 0.6427 | +0.201% | $150K | $313K | 20x |
dYdX RUNE-USD
Bitget RUNEUSDT
BingX RUNE-USDT
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE