Funding you earn now, next payment 06:00 UTC+0.0724%/8h= +79.3% APRpaid last 24h +0.120%
Price spread now: Kraken Futures against Gate+0.016%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2042.043% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.016%, 7d avg +0.112%
=Funding pays, the price is against you. Kraken Futures is 0.096% cheaper against Gate than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.112%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.522%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6314 | 0.0100 | pay 0.0100% / 8h | 2h 18m | $626K | $367K | 50x |
| Short | Kraken Futures PF_RUNEUSD | 0.6315 | 0.0824 | get 0.0103% / 1h | 18m 59s | $157K | $307K | 20x |
Gate RUNE_USDT
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $152.13
- Price spread: +0.016% → +0.112%
- −$9.59
- Slippage, 4 orders
- −$179.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$61.73
- Costs to cover
- 2.043%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 27 min ago; Kraken Futures: live order book, 29 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 Gate live order book, 27 min ago | 3.17 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 29 min ago | 12.66 bp | 25.2 bp −$25 | 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 | −2.518% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6310 | −0.063% | $4.8M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6311 | −0.048% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6314 | long leg | $626K | $367K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6311 | −0.048% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6317 | +0.048% | $972K | $364K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6321 | +0.111% | $1.5M | $783K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6315 | +0.016% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6299 | −0.239% | $185K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6311 | −0.043% | $6K | $153K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0120% | 8h | 0.6310 | −0.063% | $430K | $209K | 75x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0384% | 1h | 0.6317 | +0.048% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0624% | 1h | 0.6337 | +0.364% | $37K | $30K | 25x | as long as short |
| dYdX RUNE-USD | +0.0732% | 1h | 0.6304 | −0.161% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.0824% | 1h | 0.6315 | +0.016% | $157K | $307K | 20x | |
| Hyperliquid RUNE | +0.1466% | 1h | 0.6320 | +0.101% | $1.8M | $1.2M | 5x | as long as short |
BloFin RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD
Hyperliquid RUNE