Funding you earn now, next payment 07:00 UTC−0.1439%/8h= −157.6% APRnext payment −$1.80 per $10,000 · paid last 24h −0.175%
Price spread now: Extended against Hyperliquid−0.189%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.948% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.189%, 7d avg −0.172%
=Together, before fees−0.188%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.172%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.80 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 | Hyperliquid RUNE | 0.6386 | 0.1543 | pay 0.0193% / 1h | 7m 47s | $1.8M | $1.1M | 5x |
| Short | Extended RUNE-USD | 0.6374 | 0.0104 | get 0.0013% / 1h | 7m 47s | $6K | $110K | 10x |
Hyperliquid RUNE
Extended RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$302.27
- Price spread: −0.189% → −0.172%
- −$1.65
- Slippage, 4 orders
- −$80.76
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$398.69
- Costs to cover
- 0.948%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Extended: live order book, 33 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 Hyperliquid live order book, 3 min ago | 2.74 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 33 min ago | 4.19 bp | 25.7 bp −$26 | 205.6 bp −$2,056 | 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 | −3.622% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0064% | 1h | 0.6378 | −0.130% | — | — | 10x | as long as short |
| BloFin RUNE-USDT | +0.0084% | 8h | 0.6385 | −0.020% | $437K | $208K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6377 | −0.146% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6379 | −0.114% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6380 | −0.099% | $631K | $366K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6376 | −0.161% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6383 | −0.052% | $987K | $366K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6384 | −0.036% | $1.6M | $768K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6382 | −0.067% | — | $58.7M | — | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDT
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 | 0.6370 | −0.250% | $184K | $70K | — | as long as short |
| Extended RUNE-USDshort | +0.0104% | 1h | 0.6374 | −0.189% | $6K | $110K | 10x | |
| dYdX RUNE-USD | +0.0788% | 1h | 0.6367 | −0.297% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0854% | 1h | 0.6379 | −0.109% | $148K | $321K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6408 | +0.340% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNElong | +0.1543% | 1h | 0.6386 | long leg | $1.8M | $1.1M | 5x |
Variational Omni RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX