Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.039%
Price spread now: Variational Omni against Injective+4.114%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 4.114% dearer against Injective than usual: you sell high and buy low: +$411 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RUNE/USDC PERP0.61550.0033pay 0.0004% / 1h16m 53s$7$2412x
ShortVariational Omni RUNE0.64080.0100get 0.0100% / 8h1h 16m$127K$9K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14
Price spread: +4.114% → 0.000%
$411.37
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$425.35
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni RFQ quote, 2 min ago7.03 bpdoesn't fit63.3 bp −$633doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL−0.1150%1h0.6419+4.289%10xas long as short
Injective RUNE/USDC PERPlong+0.0033%1h0.6155long leg$7$2412x
Binance RUNEUSDT+0.0100%8h0.6416+4.233%$4.8M$10.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6416+4.240%$2.7M$1.6M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6416+4.240%$662K$303K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6415+4.224%$3.5M$1.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6419+4.289%$905K$201K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6424+4.370%$1.6M$510K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6421+4.322%$59.2Mas long as short
Variational Omni RUNEshort+0.0100%8h0.6408+4.114%$127K$9K
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6414+4.208%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6432+4.500%$37K$18K25xas long as short
BloFin RUNE-USDT+0.0124%8h0.6417+4.257%$456K$157K75xas long as short
Hyperliquid RUNE+0.0752%1h0.6430+4.465%$1.7M$868K5xas long as short
dYdX RUNE-USD+0.1303%1h0.6419+4.284%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2133%1h0.6424+4.363%$188K$231K20xas long as short