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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| 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 | 16m 53s | $7 | $24 | 12x |
| Short | Variational Omni RUNE | 0.6408 | 0.0100 | get 0.0100% / 8h | 1h 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 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: +4.114% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 7.03 bp | doesn't fit | 63.3 bp −$633 | 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 | −0.1150% | 1h | 0.6419 | +4.289% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $24 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6416 | +4.233% | $4.8M | $10.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6416 | +4.240% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6416 | +4.240% | $662K | $303K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6415 | +4.224% | $3.5M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6419 | +4.289% | $905K | $201K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6424 | +4.370% | $1.6M | $510K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6421 | +4.322% | — | $59.2M | — | as long as short |
| Variational Omni RUNEshort | +0.0100% | 8h | 0.6408 | +4.114% | $127K | $9K | — |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6414 | +4.208% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0112% | 1h | 0.6432 | +4.500% | $37K | $18K | 25x | as long as short |
| BloFin RUNE-USDT | +0.0124% | 8h | 0.6417 | +4.257% | $456K | $157K | 75x | as long as short |
| Hyperliquid RUNE | +0.0752% | 1h | 0.6430 | +4.465% | $1.7M | $868K | 5x | as long as short |
| dYdX RUNE-USD | +0.1303% | 1h | 0.6419 | +4.284% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2133% | 1h | 0.6424 | +4.363% | $188K | $231K | 20x | as long as short |
Injective RUNE/USDC PERP
Variational Omni RUNE
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
BloFin RUNE-USDT
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD