Funding you earn now, next payment 23:00 UTC−0.1890%/8h= −207.0% APRpaid last 24h −0.815%
Price spread now: Bybit against dYdX+0.407%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.976%−$198 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.407% dearer against dYdX than usual: you sell high and buy low (spread +0.407% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$57 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−1.976% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RUNE-USD | 0.6351 | 0.1990 | pay 0.0249% / 1h | 59m 15s | $54K | $4K | 5x |
| Short | Bybit RUNEUSDT | 0.6377 | 0.0100 | get 0.0100% / 8h | 1h 59m | $2.7M | $1.6M | 75x |
dYdX RUNE-USD
Bybit RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- −$396.89
- Price spread: +0.407% → 0.000%
- $40.65
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$377.24
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 3 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 7.86 bp | 36.3 bp −$36 | 71.1 bp −$711 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.1936% | 1h | 0.6389 | +0.595% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.089% | $7 | $24 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0096% | 8h | 0.6387 | +0.564% | $451K | $154K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6383 | +0.501% | $4.7M | $9.9M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6377 | +0.407% | $2.7M | $1.6M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6384 | +0.517% | $657K | $292K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6381 | +0.469% | $3.2M | $1.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6363 | +0.186% | $907K | $190K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6387 | +0.564% | $1.6M | $474K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6381 | +0.469% | — | $59.1M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6357 | +0.088% | $125K | $9K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6379 | +0.439% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6382 | +0.485% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.1522% | 1h | 0.6382 | +0.488% | $1.6M | $861K | 5x | as long as short |
| dYdX RUNE-USDlong | +0.1990% | 1h | 0.6351 | long leg | $54K | $4K | 5x | |
| Kraken Futures PF_RUNEUSD | +0.2142% | 1h | 0.6396 | +0.709% | $177K | $214K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD