Funding you earn now, next payment 07:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h —
Price spread now: dYdX against Deribit−0.535%85s7-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 −$5 a day on $10k at the current rate, and dYdX is 0.535% cheaper against Deribit than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit RUNE_USDC-PERPETUAL | 0.6371 | 0.0535 | pay 0.0067% / 1h | 25m 09s | — | — | 10x |
| Short | dYdX RUNE-USD | 0.6337 | 0.0376 | get 0.0047% / 1h | 25m 09s | $27K | $32K | 5x |
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$33.54
- Price spread: −0.535% → 0.000%
- −$53.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$104.02
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Deribit 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.390% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0093% | 8h | 0.6369 | −0.031% | $436K | $207K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6369 | −0.033% | $4.9M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6370 | −0.016% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6370 | −0.016% | $631K | $365K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6368 | −0.047% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6371 | 0.000% | $982K | $365K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6383 | +0.188% | $1.6M | $784K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6368 | −0.047% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6371 | −0.002% | $184K | $70K | — | as long as short |
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
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 | 0.6366 | −0.074% | $6K | $96K | 10x | as long as short |
| dYdX RUNE-USDshort | +0.0376% | 1h | 0.6337 | −0.535% | $27K | $32K | 5x | |
| Deribit RUNE_USDC-PERPETUALlong | +0.0535% | 1h | 0.6371 | long leg | — | — | 10x | |
| Kraken Futures PF_RUNEUSD | +0.0856% | 1h | 0.6369 | −0.026% | $149K | $318K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6391 | +0.314% | $37K | $29K | 25x | as long as short |
| Hyperliquid RUNE | +0.1504% | 1h | 0.6375 | +0.066% | $1.8M | $1.2M | 5x | as long as short |
Extended RUNE-USD
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE