Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.039%
Price spread now: Injective against KuCoin−4.336%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 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 −$2 a day on $10k at the current rate, and Injective is 4.336% cheaper against KuCoin than usual: you would sell low and buy high (−$434 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | KuCoin RUNEUSDTM | 0.6434 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $907K | $200K | 50x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 28m 23s | $7 | $24 | 12x |
KuCoin RUNEUSDTM
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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: −4.336% → 0.000%
- −$433.63
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$459.65
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 46 min ago; Injective: 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 KuCoin live order book, 46 min ago | 7.09 bp | 59.9 bp −$60 | 229.6 bp −$2,296 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.1146% | 1h | 0.6437 | +0.047% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −4.336% | $7 | $24 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6436 | +0.031% | $4.8M | $10.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6434 | 0.000% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6433 | −0.016% | $661K | $300K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6435 | +0.016% | $3.5M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6434 | long leg | $907K | $200K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6437 | +0.047% | $1.6M | $508K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6431 | −0.047% | — | $59.1M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6417 | −0.261% | $127K | $9K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
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 | 0.6435 | +0.012% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6454 | +0.311% | $37K | $18K | 25x | as long as short |
| BloFin RUNE-USDT | +0.0123% | 8h | 0.6429 | −0.078% | $456K | $157K | 75x | as long as short |
| Hyperliquid RUNE | +0.0780% | 1h | 0.6448 | +0.210% | $1.7M | $867K | 5x | as long as short |
| dYdX RUNE-USD | +0.1213% | 1h | 0.6432 | −0.036% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2130% | 1h | 0.6434 | +0.001% | $187K | $228K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD