Funding you earn now, next payment 12:00 UTC−0.0264%/8h= −29.0% APRpaid last 24h −0.208%
Price spread now: MEXC against Kraken Futures−0.075%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)−0.185%−$19 · spread now −0.075%, 7d avg −0.166%
=The price spread pays, funding is against you. MEXC is 0.091% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.166%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.303%, 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 | 0.6427 | 0.0364 | pay 0.0046% / 1h | 48m 02s | $155K | $279K | 20x |
| Short | MEXC RUNE_USDT | 0.6422 | 0.0100 | get 0.0100% / 8h | 4h 48m | $3.6M | $3.8M | 125x |
Kraken Futures PF_RUNEUSD
MEXC RUNE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$55.53
- Price spread: −0.075% → −0.166%
- $9.12
- Slippage, 4 orders
- −$45.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$105.69
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 58 min ago; MEXC: live order book, 2 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 Kraken Futures live order book, 58 min ago | 6.96 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.78 bp | 7.7 bp −$8 | 22.1 bp −$221 | 107.6 bp −$10.8K | 232.1 bp −$116.1K |
RUNE on 16 exchanges
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 | 0.6420 | −0.106% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.230% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6425 | −0.028% | $5.2M | $16.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6420 | −0.106% | $3.0M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6420 | −0.106% | $645K | $409K | 50x | as long as short |
| MEXC RUNE_USDTshort | +0.0100% | 8h | 0.6422 | −0.075% | $3.6M | $3.8M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6423 | −0.060% | $981K | $398K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6436 | +0.143% | $1.6M | $801K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6414 | −0.200% | — | $11.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6416 | −0.164% | $185K | $72K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6421 | −0.097% | $28K | $228K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0123% | 8h | 0.6395 | −0.495% | $334K | $227K | 75x | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.0364% | 1h | 0.6427 | long leg | $155K | $279K | 20x | |
| Hyperliquid RUNE | +0.0432% | 1h | 0.6426 | −0.008% | $2.0M | $1.1M | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0960% | 1h | 0.6509 | +1.279% | $37K | $28K | 25x | as long as short |
| dYdX RUNE-USD | +0.1727% | 1h | 0.6403 | −0.366% | $27K | $32K | 5x | as long as short |
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD