Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.039%
Price spread now: Bitget against Injective+5.004%51s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 5.004% dearer against Injective than usual: you sell high and buy low: +$500 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | pay 0.0004% / 1h | 32m 31s | $7 | $24 | 12x |
| Short | Bitget RUNEUSDT | 0.6463 | 0.0100 | get 0.0100% / 8h | 32m 31s | $1.6M | $537K | 50x |
Injective RUNE/USDC PERP
Bitget RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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: +5.004% → 0.000%
- $500.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $502.39
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 4.64 bp | 12.4 bp −$12 | 97.1 bp −$971 | doesn't fit | doesn't fit |
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 | −0.0523% | 1h | 0.6462 | +4.988% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0024% | 1h | 0.6468 | +5.085% | $42K | $28K | 25x | as long as short |
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $24 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6454 | +4.852% | $4.9M | $10.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6448 | +4.760% | $2.7M | $1.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6457 | +4.907% | $665K | $313K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6451 | +4.809% | $3.3M | $1.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6453 | +4.842% | $896K | $211K | 50x | as long as short |
| Bitget RUNEUSDTshort | +0.0100% | 8h | 0.6463 | +5.004% | $1.6M | $537K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6455 | +4.874% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
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 | 0.6446 | +4.732% | $127K | $8K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6451 | +4.814% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0111% | 8h | 0.6451 | +4.809% | $453K | $161K | 75x | as long as short |
| Hyperliquid RUNE | +0.1049% | 1h | 0.6466 | +5.059% | $1.7M | $907K | 5x | as long as short |
| dYdX RUNE-USD | +0.1391% | 1h | 0.6452 | +4.833% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1683% | 1h | 0.6470 | +5.126% | $190K | $230K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD