Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.039%
Price spread now: Injective against Variational Omni−6.862%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.862% cheaper against Variational Omni than usual: you would sell low and buy high (−$686 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RUNE0.66080.0100pay 0.0100% / 8h7h 40m$130K$7K
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h40m 55s$7$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −6.862% → 0.000%
−$686.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$700.22
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 33 min ago5.43 bpdoesn't fit67.4 bp −$674doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL−0.0204%1h0.6600−0.128%10xas long as short
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−6.862%$7$1412x
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6684+1.143%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0090%8h0.6602−0.098%$473K$186K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6603−0.086%$5.2M$12.4M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6603−0.083%$2.9M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6613+0.068%$668K$340K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6604−0.068%$3.7M$2.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6605−0.053%$935K$236K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6605−0.053%$1.6M$631K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6598−0.159%$59.2Mas long as short
Variational Omni RUNElong+0.0100%8h0.6608long leg$130K$7K
Extended RUNE-USD+0.0104%1h0.6591−0.260%$4K$169K10xas long as short
dYdX RUNE-USD+0.0472%1h0.6615+0.105%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.0594%1h0.6619+0.159%$196K$237K20xas long as short
Hyperliquid RUNE+0.0985%1h0.6609+0.008%$1.8M$973K5xas long as short