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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RUNE | 0.6608 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $130K | $7K | — |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 40m 55s | $7 | $14 | 12x |
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 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: −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 33 min ago | 5.43 bp | doesn't fit | 67.4 bp −$674 | 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 | −0.0204% | 1h | 0.6600 | −0.128% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −6.862% | $7 | $14 | 12x | |
| Coinbase International RUNE-PERP-INTX | +0.0056% | 1h | 0.6684 | +1.143% | $40K | $32K | 25x | as long as short |
| BloFin RUNE-USDT | +0.0090% | 8h | 0.6602 | −0.098% | $473K | $186K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6603 | −0.086% | $5.2M | $12.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6603 | −0.083% | $2.9M | $2.1M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6613 | +0.068% | $668K | $340K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6604 | −0.068% | $3.7M | $2.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6605 | −0.053% | $935K | $236K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6605 | −0.053% | $1.6M | $631K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0100% | 8h | 0.6598 | −0.159% | — | $59.2M | — | as long as short |
| Variational Omni RUNElong | +0.0100% | 8h | 0.6608 | long leg | $130K | $7K | — | |
| Extended RUNE-USD | +0.0104% | 1h | 0.6591 | −0.260% | $4K | $169K | 10x | as long as short |
| dYdX RUNE-USD | +0.0472% | 1h | 0.6615 | +0.105% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0594% | 1h | 0.6619 | +0.159% | $196K | $237K | 20x | as long as short |
| Hyperliquid RUNE | +0.0985% | 1h | 0.6609 | +0.008% | $1.8M | $973K | 5x | as long as short |
Variational Omni RUNE
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Extended RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE