Funding you earn now, next payment 05:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h —
Price spread now: Binance against Deribit−0.032%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—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.032% cheaper against Deribit than usual: you would sell low and buy high (−$3 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 | Deribit RUNE_USDC-PERPETUAL | 0.6330 | 0.0224 | pay 0.0028% / 1h | 23m 17s | — | — | 10x |
| Short | Binance RUNEUSDT | 0.6328 | 0.0100 | get 0.0100% / 8h | 3h 23m | $4.8M | $15.9M | 75x |
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$26.07
- Price spread: −0.032% → 0.000%
- −$3.16
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.23
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 1.58 bp | 20.9 bp −$21 | 69.1 bp −$691 | doesn't fit | doesn't fit |
Deribit: 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 | −2.765% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0082% | 8h | 0.6333 | +0.047% | $438K | $195K | 75x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6328 | −0.032% | $4.8M | $15.9M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6328 | −0.032% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6333 | +0.047% | $627K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6330 | 0.000% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6328 | −0.032% | $976K | $360K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6339 | +0.142% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6328 | −0.032% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6331 | +0.013% | $186K | $67K | — | as long as short |
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6326 | −0.060% | $4K | $169K | 10x | as long as short |
| Deribit RUNE_USDC-PERPETUALlong | +0.0224% | 1h | 0.6330 | long leg | — | — | 10x | |
| dYdX RUNE-USD | +0.0379% | 1h | 0.6330 | −0.003% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6395 | +1.027% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0954% | 1h | 0.6333 | +0.044% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1622% | 1h | 0.6337 | +0.117% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE