Funding you earn now, next payment 04:00 UTC+0.0299%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h —
Price spread now: Coinbase International against Deribit+0.883%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.883% dearer against Deribit than usual: you sell high and buy low: +$88 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RUNE_USDC-PERPETUAL | 0.6339 | 0.0381 | pay 0.0048% / 1h | 21m 14s | — | — | 10x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6395 | 0.0680 | get 0.0085% / 1h | 21m 14s | $38K | $30K | 25x |
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $62.7
- Price spread: +0.883% → 0.000%
- $88.34
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $134.05
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Deribit and 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 | −2.903% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6337 | −0.032% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6332 | −0.110% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6343 | +0.063% | $628K | $370K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6339 | 0.000% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6337 | −0.032% | $977K | $360K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6335 | −0.063% | $1.5M | $777K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6341 | +0.032% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6331 | −0.129% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6338 | −0.015% | $4K | $169K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
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 | +0.0106% | 8h | 0.6339 | 0.000% | $438K | $197K | 75x | as long as short |
| dYdX RUNE-USD | +0.0359% | 1h | 0.6316 | −0.356% | $27K | $32K | 5x | as long as short |
| Deribit RUNE_USDC-PERPETUALlong | +0.0381% | 1h | 0.6339 | long leg | — | — | 10x | |
| Coinbase International RUNE-PERP-INTXshort | +0.0680% | 1h | 0.6395 | +0.883% | $38K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0952% | 1h | 0.6347 | +0.128% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1612% | 1h | 0.6345 | +0.093% | $1.8M | $1.1M | 5x | as long as short |
BloFin RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE