Funding you earn now, next payment 08:00 UTC+0.0666%/8h= +73.0% APRpaid last 24h +0.149%
Price spread now: Kraken Futures against Variational Omni+0.062%7-day average +0.223% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.062%, 7d avg +0.223%
=Together, before fees+0.097%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.161% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.223%). If the spread goes back, that is −$16 on $10k: about 19 hours of funding at the current rate (+$20 a day).
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.026% in total (about -2.7% 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 | Variational Omni RUNE | 0.6398 | 0.0100 | pay 0.0100% / 8h | 41m 11s | $185K | $70K | — |
| Short | Kraken Futures PF_RUNEUSD | 0.6402 | 0.0766 | get 0.0096% / 1h | 41m 11s | $148K | $321K | 20x |
Variational Omni RUNE
Kraken Futures PF_RUNEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $139.96
- Price spread: +0.062% → +0.223%
- −$16.1
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $113.86
- Costs to cover
- 0.100%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Kraken Futures: live order book, 61 min ago. 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, 63 min ago | 3.94 bp | doesn't fit | 153.8 bp −$1,538 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 61 min ago | 7.11 bp | 18.6 bp −$19 | 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 | −3.802% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0063% | 1h | 0.6397 | −0.020% | — | — | 10x | as long as short |
| BloFin RUNE-USDT | +0.0087% | 8h | 0.6396 | −0.035% | $440K | $210K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6394 | −0.071% | $5.0M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6393 | −0.082% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6401 | +0.043% | $637K | $370K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6394 | −0.066% | $3.8M | $3.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6403 | +0.074% | $992K | $365K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6401 | +0.043% | $1.6M | $771K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6396 | −0.035% | — | $58.7M | — | as long as short |
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNElong | +0.0100% | 8h | 0.6398 | long leg | $185K | $70K | — | |
| Extended RUNE-USD | +0.0104% | 1h | 0.6391 | −0.113% | $4K | $208K | 10x | as long as short |
| dYdX RUNE-USD | +0.0221% | 1h | 0.6390 | −0.126% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.0766% | 1h | 0.6402 | +0.062% | $148K | $321K | 20x | |
| Coinbase International RUNE-PERP-INTX | +0.1024% | 1h | 0.6430 | +0.496% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1437% | 1h | 0.6402 | +0.062% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE