Funding you earn now, next payment 02:00 UTC−0.0576%/8h= −63.0% APRpaid last 24h −0.734%
Price spread now: Variational Omni against dYdX−0.267%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.267% cheaper against dYdX than usual: you would sell low and buy high (−$27 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 | dYdX RUNE-USD | 0.6369 | 0.0676 | pay 0.0084% / 1h | 40m 33s | $54K | $5K | 5x |
| Short | Variational Omni RUNE | 0.6353 | 0.0100 | get 0.0100% / 8h | 6h 40m | $171K | $54K | — |
dYdX RUNE-USD
Variational Omni RUNEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$120.87
- Price spread: −0.267% → 0.000%
- −$26.65
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$157.52
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 28 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 Variational Omni RFQ quote, 28 min ago | 7.61 bp | doesn't fit | 62.4 bp −$624 | 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 | −0.0065% | 1h | 0.6353 | −0.259% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.367% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6352 | −0.267% | $5.0M | $14.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6353 | −0.259% | $2.9M | $2.5M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6373 | +0.055% | $641K | $361K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6362 | −0.118% | $3.6M | $3.1M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6365 | −0.071% | $900K | $292K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6372 | +0.039% | $1.6M | $735K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6368 | −0.023% | — | $59.0M | — | as long as short |
| Variational Omni RUNEshort | +0.0100% | 8h | 0.6353 | −0.267% | $171K | $54K | — |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6360 | −0.150% | $4K | $165K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6566 | +3.085% | $39K | $32K | 25x | as long as short |
| BloFin RUNE-USDT | +0.0127% | 8h | 0.6537 | +2.630% | $478K | $193K | 75x | as long as short |
| dYdX RUNE-USDlong | +0.0676% | 1h | 0.6369 | long leg | $54K | $5K | 5x | |
| Hyperliquid RUNE | +0.0785% | 1h | 0.6367 | −0.041% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1745% | 1h | 0.6399 | +0.467% | $184K | $278K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD