Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.056%
Price spread now: Coinbase International against Gate+0.380%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Coinbase International is 0.380% dearer against Gate than usual: you sell high and buy low (spread +0.380% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6582 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $666K | $343K | 50x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6607 | 0.0056 | get 0.0007% / 1h | 33m 45s | $39K | $32K | 25x |
Gate RUNE_USDT
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- −$9.24
- Price spread: +0.380% → 0.000%
- $37.98
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.74
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 38 min ago; 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 Gate live order book, 38 min ago | 3.09 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.0661% | 1h | 0.6578 | −0.061% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −6.487% | $7 | $14 | 12x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0056% | 1h | 0.6607 | +0.380% | $39K | $32K | 25x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6574 | −0.123% | $5.2M | $12.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6573 | −0.137% | $2.9M | $2.1M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6582 | long leg | $666K | $343K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6573 | −0.137% | $3.6M | $2.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6579 | −0.046% | $927K | $237K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6581 | −0.015% | $1.6M | $632K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6576 | −0.091% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
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 | 0.6563 | −0.289% | $129K | $7K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6570 | −0.186% | $4K | $167K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0120% | 8h | 0.6586 | +0.061% | $485K | $187K | 75x | as long as short |
| dYdX RUNE-USD | +0.0500% | 1h | 0.6579 | −0.053% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0597% | 1h | 0.6586 | +0.055% | $195K | $239K | 20x | as long as short |
| Hyperliquid RUNE | +0.0993% | 1h | 0.6593 | +0.167% | $1.8M | $969K | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE