Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: Gate against Deribit+0.125%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 +$3 a day on $10k at the current rate, and Gate is 0.125% dearer against Deribit than usual: you sell high and buy low: +$12 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 | 0.6405 | 0 | get 0.0000% / 1h | 34m 40s | — | — | 10x |
| Short | Gate RUNE_USDT | 0.6413 | 0.0100 | get 0.0100% / 8h | 7h 34m | $672K | $380K | 50x |
Deribit RUNE_USDC-PERPETUAL
Gate RUNE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $21
- Price spread: +0.125% → 0.000%
- $12.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $11.49
- Costs to cover
- 0.220%
- Break-even
- 3.2 days
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 62 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 Gate live order book, 62 min ago | 3.91 bp | 73.2 bp −$73 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUALlong | 0.0000% | 1h | 0.6405 | long leg | — | — | 10x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.903% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0088% | 8h | 0.6404 | −0.016% | $327K | $210K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6404 | −0.019% | $5.1M | $16.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6405 | 0.000% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDTshort | +0.0100% | 8h | 0.6413 | +0.125% | $672K | $380K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6404 | −0.016% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6406 | +0.016% | $993K | $365K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6398 | −0.110% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6400 | −0.073% | $4K | $212K | 10x | as long as short |
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0161% | 8h | 0.6409 | +0.062% | — | $3.9M | — | as long as short |
| Bitget RUNEUSDT | +0.0163% | 8h | 0.6406 | +0.016% | $1.5M | $797K | 50x | as long as short |
| dYdX RUNE-USD | +0.0192% | 1h | 0.6399 | −0.087% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1160% | 1h | 0.6446 | +0.640% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1321% | 1h | 0.6412 | +0.106% | $1.8M | $1.2M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1676% | 1h | 0.6410 | +0.083% | $149K | $314K | 20x | as long as short |
BingX RUNE-USDT
Bitget RUNEUSDT
dYdX RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD