Funding you earn now, next payment 09:00 UTC+0.1551%/8h= +169.8% APRpaid last 24h +0.157%
Price spread now: Kraken Futures against MEXC+0.148%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.148%, 7d avg +0.167%
=The price spread sits at its 7-day average of +0.167%, so right now this pair is about funding alone: +$47 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.408%, 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 -0.408% in total (about -21.3% a year). A funding rate is set anew for every payment. 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 | MEXC RUNE_USDT | 0.6500 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $4.0M | $3.9M | 125x |
| Short | Kraken Futures PF_RUNEUSD | 0.6510 | 0.1651 | get 0.0206% / 1h | 0m 17s | $152K | $311K | 20x |
MEXC RUNE_USDT
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $325.69
- Price spread: +0.148% → +0.167%
- −$1.92
- Slippage, 4 orders
- −$87.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $222.72
- Costs to cover
- 1.011%
- Break-even
- 2.2 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 32 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 MEXC live order book, 2 min ago | 1.54 bp | 8.2 bp −$8 | 29.5 bp −$295 | 111.6 bp −$11.2K | 241.3 bp −$120.6K |
| Sell Kraken Futures live order book, 32 min ago | 14.89 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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 | −5.308% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6500 | 0.000% | $5.2M | $16.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6499 | −0.015% | $2.9M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6506 | +0.092% | $681K | $386K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6500 | long leg | $4.0M | $3.9M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6498 | −0.031% | $1.0M | $366K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6492 | −0.118% | $187K | $72K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6498 | −0.028% | $7K | $207K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0123% | 8h | 0.6494 | −0.092% | $330K | $211K | 75x | as long as short |
| BingX RUNE-USDT | +0.0186% | 8h | 0.6501 | +0.015% | — | $3.9M | — | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0188% | 8h | 0.6507 | +0.108% | $1.6M | $805K | 50x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0211% | 1h | 0.6506 | +0.092% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0264% | 1h | 0.6498 | −0.028% | $28K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6533 | +0.508% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1491% | 1h | 0.6511 | +0.172% | $2.0M | $1.3M | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.1651% | 1h | 0.6510 | +0.148% | $152K | $311K | 20x |
Bitget RUNEUSDT
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE