Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.039%
Price spread now: Injective against Gate−4.411%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.411% cheaper against Gate than usual: you would sell low and buy high (−$441 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6439 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $662K | $295K | 50x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 50m 37s | $7 | $24 | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: −4.411% → 0.000%
- −$441.06
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$470.08
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 31 min ago; Injective: 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 Gate live order book, 31 min ago | 5.47 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.1301% | 1h | 0.6439 | 0.000% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −4.411% | $7 | $24 | 12x | |
| BloFin RUNE-USDT | +0.0088% | 8h | 0.6428 | −0.171% | $446K | $156K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6437 | −0.031% | $4.8M | $10.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6434 | −0.078% | $2.8M | $1.6M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6439 | long leg | $662K | $295K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6438 | −0.016% | $3.4M | $1.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6434 | −0.078% | $907K | $196K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6444 | +0.078% | $1.6M | $486K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6440 | +0.016% | — | $59.1M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6422 | −0.265% | $126K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6435 | −0.062% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6455 | +0.248% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0473% | 1h | 0.6455 | +0.252% | $1.7M | $864K | 5x | as long as short |
| dYdX RUNE-USD | +0.1619% | 1h | 0.6449 | +0.162% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2126% | 1h | 0.6445 | +0.101% | $178K | $214K | 20x | as long as short |
Gate RUNE_USDT
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD