Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.039%
Price spread now: Bybit against Injective+4.208%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+0.056%+$6 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 Bybit is 4.208% dearer against Injective than usual: you sell high and buy low: +$421 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 | 25m 21s | $7 | $24 | 12x |
| Short | Bybit RUNEUSDT | 0.6414 | 0.0100 | get 0.0100% / 8h | 25m 21s | $2.7M | $1.7M | 75x |
Injective RUNE/USDC PERP
Bybit RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +4.208% → 0.000%
- $420.8
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $423.78
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 3.88 bp | 34.4 bp −$34 | 66.5 bp −$665 | 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 | −0.0837% | 1h | 0.6431 | +4.484% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0024% | 1h | 0.6472 | +5.150% | $42K | $28K | 25x | as long as short |
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $24 | 12x | |
| BloFin RUNE-USDT | +0.0083% | 8h | 0.6454 | +4.858% | $455K | $161K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6414 | +4.215% | $4.9M | $10.8M | 75x | as long as short |
| Bybit RUNEUSDTshort | +0.0100% | 8h | 0.6414 | +4.208% | $2.7M | $1.7M | 75x | |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6421 | +4.322% | $660K | $314K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6418 | +4.273% | $3.3M | $1.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6420 | +4.305% | $892K | $211K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6426 | +4.403% | $1.6M | $543K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
Binance RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0100% | 8h | 0.6416 | +4.240% | — | $59.1M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6433 | +4.521% | $127K | $8K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6422 | +4.336% | $4K | $170K | 10x | as long as short |
| Hyperliquid RUNE | +0.1054% | 1h | 0.6433 | +4.515% | $1.7M | $909K | 5x | as long as short |
| dYdX RUNE-USD | +0.1396% | 1h | 0.6439 | +4.614% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1690% | 1h | 0.6444 | +4.700% | $189K | $230K | 20x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD