Funding you earn now, next payment 04:00 UTC−0.0943%/8h= −103.2% APRnext payment −$1.18 per $10,000 · paid last 24h +0.530%
Price spread now: dYdX against Kraken Futures−0.183%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.546%+$255 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and dYdX is 0.183% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.546%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RUNEUSD | 0.6362 | 0.0986 | pay 0.0123% / 1h | 22m 04s | $179K | $288K | 20x |
| Short | dYdX RUNE-USD | 0.6350 | 0.0043 | get 0.0005% / 1h | 22m 04s | $27K | $32K | 5x |
Kraken Futures PF_RUNEUSD
dYdX RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Kraken Futures. 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
- −$198
- Price spread: −0.183% → 0.000%
- −$18.34
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$236.34
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 36 min ago; dYdX: 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 Kraken Futures live order book, 36 min ago | 11.04 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 PERP | +0.0033% | 1h | 0.6155 | −3.246% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USDshort | +0.0043% | 1h | 0.6350 | −0.183% | $27K | $32K | 5x | |
| BloFin RUNE-USDT | +0.0076% | 8h | 0.6353 | −0.134% | $445K | $195K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6354 | −0.118% | $4.8M | $15.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6350 | −0.181% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6356 | −0.087% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6354 | −0.118% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6355 | −0.103% | $913K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6359 | −0.040% | $1.6M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6353 | −0.134% | — | $58.9M | — | as long as short |
Injective RUNE/USDC PERP
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 | 0.6352 | −0.145% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6349 | −0.196% | $4K | $164K | 10x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0222% | 1h | 0.6358 | −0.055% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +0.385% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.0986% | 1h | 0.6362 | long leg | $179K | $288K | 20x | |
| Hyperliquid RUNE | +0.1774% | 1h | 0.6363 | +0.018% | $1.8M | $1.1M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE