Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.039%
Price spread now: Binance against Injective+3.981%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+0.038%+$4 on $10k
+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 +$2 a day on $10k at the current rate, and Binance is 3.981% dearer against Injective than usual: you sell high and buy low: +$398 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 | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | pay 0.0004% / 1h | 45m 06s | $7 | $14 | 12x |
| Short | Binance RUNEUSDT | 0.6400 | 0.0100 | get 0.0100% / 8h | 6h 45m | $5.0M | $14.2M | 75x |
Injective RUNE/USDC PERP
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: +3.981% → 0.000%
- $398.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $402.06
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 10 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 1.53 bp | 17.3 bp −$17 | 59.9 bp −$599 | doesn't fit | doesn't fit |
Injective: 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 | 0.0000% | 1h | 0.6394 | +3.883% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $14 | 12x | |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6400 | +3.981% | $5.0M | $14.2M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6398 | +3.948% | $2.9M | $2.4M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6406 | +4.078% | $646K | $354K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6404 | +4.045% | $3.6M | $3.0M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6401 | +3.997% | $902K | $276K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6406 | +4.078% | $1.6M | $709K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6405 | +4.062% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6415 | +4.216% | $156K | $37K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
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 | 0.6404 | +4.041% | $4K | $165K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6566 | +6.677% | $39K | $32K | 25x | as long as short |
| BloFin RUNE-USDT | +0.0127% | 8h | 0.6537 | +6.206% | $478K | $193K | 75x | as long as short |
| dYdX RUNE-USD | +0.0845% | 1h | 0.6403 | +4.033% | $55K | $5K | 5x | as long as short |
| Hyperliquid RUNE | +0.0880% | 1h | 0.6414 | +4.213% | $1.8M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1744% | 1h | 0.6403 | +4.031% | $184K | $274K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD