Funding you earn now, next payment 05:00 UTC−0.0524%/8h= −57.4% APRpaid last 24h −0.071%
Price spread now: Bitget against Coinbase International−1.267%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 −$16 a day on $10k at the current rate, and Bitget is 1.267% cheaper against Coinbase International than usual: you would sell low and buy high (−$127 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 | Coinbase International RUNE-PERP-INTX | 0.6395 | 0.0624 | pay 0.0078% / 1h | 35m 17s | $38K | $30K | 25x |
| Short | Bitget RUNEUSDT | 0.6314 | 0.0100 | get 0.0100% / 8h | 2h 35m | $1.5M | $782K | 50x |
Coinbase International RUNE-PERP-INTX
Bitget RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- −$110.04
- Price spread: −1.267% → 0.000%
- −$126.66
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$258.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 1 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 3.96 bp | 19.0 bp −$19 | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.753% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6305 | −1.407% | $4.8M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6306 | −1.392% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6306 | −1.392% | $625K | $367K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6305 | −1.407% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6306 | −1.392% | $971K | $364K | 50x | as long as short |
| Bitget RUNEUSDTshort | +0.0100% | 8h | 0.6314 | −1.267% | $1.5M | $782K | 50x | |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6306 | −1.392% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6301 | −1.470% | $185K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6305 | −1.402% | $6K | $153K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0119% | 8h | 0.6309 | −1.345% | $435K | $209K | 75x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0385% | 1h | 0.6307 | −1.376% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0624% | 1h | 0.6395 | long leg | $38K | $30K | 25x | |
| dYdX RUNE-USD | +0.0764% | 1h | 0.6289 | −1.657% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0825% | 1h | 0.6309 | −1.344% | $160K | $314K | 20x | as long as short |
| Hyperliquid RUNE | +0.1484% | 1h | 0.6313 | −1.282% | $1.8M | $1.1M | 5x | as long as short |
BloFin RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE