Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.035%
Price spread now: KuCoin against Injective+3.103%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+0.101%+$10 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 KuCoin is 3.103% dearer against Injective than usual: you sell high and buy low: +$310 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 | 12m 40s | $7 | $14 | 12x |
| Short | KuCoin RUNEUSDTM | 0.6346 | 0.0100 | get 0.0100% / 8h | 4h 12m | $911K | $334K | 50x |
Injective RUNE/USDC PERP
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +3.103% → 0.000%
- $310.32
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $312.3
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 27 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 KuCoin live order book, 27 min ago | 4.74 bp | 45.5 bp −$45 | 208.1 bp −$2,081 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $14 | 12x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0065% | 1h | 0.6347 | +3.119% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0074% | 1h | 0.6335 | +2.929% | $27K | $32K | 5x | as long as short |
| BloFin RUNE-USDT | +0.0080% | 8h | 0.6351 | +3.184% | $446K | $195K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6346 | +3.106% | $4.8M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6345 | +3.087% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6347 | +3.119% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6345 | +3.087% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6346 | +3.103% | $911K | $334K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6354 | +3.233% | $1.6M | $774K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
dYdX RUNE-USD
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
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 | 0.6344 | +3.071% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6347 | +3.118% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6343 | +3.057% | $8K | $169K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +3.753% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0987% | 1h | 0.6354 | +3.241% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1821% | 1h | 0.6359 | +3.306% | $1.8M | $1.1M | 5x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE