Funding you earn now, next payment 03:00 UTC+0.2042%/8h= +223.6% APRnext payment +$2.55 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against Injective+2.437%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.462%−$46 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 +$61 a day on $10k at the current rate, and Kraken Futures is 2.437% dearer against Injective than usual: you sell high and buy low: +$244 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.462%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.462% in total (about -24.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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 | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | pay 0.0004% / 1h | 37m 02s | $7 | $14 | 12x |
| Short | Kraken Futures PF_RUNEUSD | 0.6305 | 0.2075 | get 0.0259% / 1h | 37m 02s | $180K | $286K | 20x |
Injective RUNE/USDC PERP
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $428.83
- Price spread: +2.437% → 0.000%
- $243.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $662.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 26 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 Kraken Futures live order book, 26 min ago | 46.63 bp | 57.5 bp −$58 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $14 | 12x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0068% | 1h | 0.6298 | +2.323% | — | — | 10x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6298 | +2.323% | $4.8M | $15.3M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6298 | +2.323% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6301 | +2.372% | $625K | $371K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6298 | +2.323% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6296 | +2.291% | $907K | $329K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6295 | +2.275% | $1.5M | $762K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6299 | +2.340% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6284 | +2.100% | $185K | $67K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6296 | +2.294% | $4K | $164K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0120% | 8h | 0.6300 | +2.356% | $442K | $191K | 75x | as long as short |
| dYdX RUNE-USD | +0.0214% | 1h | 0.6299 | +2.346% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6326 | +2.778% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1495% | 1h | 0.6314 | +2.590% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.2075% | 1h | 0.6305 | +2.437% | $180K | $286K | 20x |
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE