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Funding arb · Price arb /

RUNE

all RUNE markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC+0.0359%/8h= +39.3% APRnext payment +$0.45 per $10,000 · paid last 24h +0.697%
Price spread now: dYdX against Coinbase International−0.474%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Coinbase InternationalShort on dYdX
What this pair did over the last
the charts below follow
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
Funding pays, the price is against you. dYdX is 0.474% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.474% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 4.4 days of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International RUNE-PERP-INTX0.66680.0056pay 0.0007% / 1h51m 12s$40K$32K25x
ShortdYdX RUNE-USD0.66360.0415get 0.0052% / 1h51m 12s$57K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$75.36
Price spread: −0.474% → 0.000%
−$47.44
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$7.93
Costs to cover
0.200%
Break-even
6.3 days
Slippage unknown: Coinbase International: no order-book sample; dYdX: 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 Coinbase International no order-book sample—————
Sell dYdX no order-book sample—————
Coinbase International and dYdX: 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−0.0051%1h0.6639−0.435%——10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−7.693%$7$1412xas long as short
Coinbase International RUNE-PERP-INTXlong+0.0056%1h0.6668long leg$40K$32K25x
Binance RUNEUSDT+0.0100%8h0.6623−0.675%$5.2M$12.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6628−0.600%$3.0M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6645−0.345%$674K$328K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6625−0.645%$3.8M$2.3M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6633−0.525%$945K$236K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6637−0.465%$1.6M$622K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6621−0.705%—$59.1M—as long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6635−0.488%$131K$8K—as long as short
Extended RUNE-USD+0.0104%1h0.6631−0.562%$4K$169K10xas long as short
BloFin RUNE-USDT+0.0127%8h0.6633−0.525%$470K$187K75xas long as short
dYdX RUNE-USDshort+0.0415%1h0.6636−0.474%$57K$5K5x
Kraken Futures PF_RUNEUSD+0.0591%1h0.6645−0.338%$196K$235K20xas long as short
Hyperliquid RUNE+0.1046%1h0.6646−0.327%$1.8M$956K5xas long as short