Funding you earn now, next payment 23:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against Injective+6.824%64s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 6.824% dearer against Injective than usual: you sell high and buy low (spread +6.824% now, against zero (this spread has no 7-day history yet)): +$682 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about years. The two prices were read 64 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 | 4m 03s | $7 | $24 | 12x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6575 | 0.0024 | get 0.0003% / 1h | 4m 03s | $42K | $29K | 25x |
Injective RUNE/USDC PERP
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$1.96
- Price spread: +6.824% → 0.000%
- $682.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $670.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Injective and Coinbase International: 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 | 0.0000% | 1h | 0.6601 | +7.246% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0024% | 1h | 0.6575 | +6.824% | $42K | $29K | 25x | |
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $24 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6589 | +7.051% | $5.1M | $11.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6593 | +7.116% | $3.0M | $1.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6601 | +7.246% | $676K | $323K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6592 | +7.100% | $3.4M | $2.0M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6594 | +7.132% | $916K | $215K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6598 | +7.197% | $1.6M | $569K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6592 | +7.100% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
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 | 0.6533 | +6.135% | $129K | $8K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6597 | +7.176% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0109% | 8h | 0.6558 | +6.548% | $456K | $165K | 75x | as long as short |
| Hyperliquid RUNE | +0.1153% | 1h | 0.6605 | +7.313% | $1.8M | $943K | 5x | as long as short |
| dYdX RUNE-USD | +0.1252% | 1h | 0.6571 | +6.751% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1647% | 1h | 0.6613 | +7.445% | $195K | $231K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD