Funding you earn now, next payment 06:00 UTC−0.0716%/8h= −78.4% APRnext payment −$0.89 per $10,000 · paid last 24h −0.119%
Price spread now: Extended against Kraken Futures−0.079%7-day average −0.210% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days+0.472%+$47 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.079%, 7d avg −0.210%
=Together, before fees+0.292%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.131% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.210%): +$13 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.472%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.472% in total (about 24.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RUNEUSD | 0.6350 | 0.0820 | pay 0.0102% / 1h | 3m 11s | $155K | $307K | 20x |
| Short | Extended RUNE-USD | 0.6345 | 0.0104 | get 0.0013% / 1h | 3m 11s | $4K | $156K | 10x |
Kraken Futures PF_RUNEUSD
Extended RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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
- −$150.33
- Price spread: −0.079% → −0.210%
- $13.1
- Slippage, 4 orders
- −$90.96
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$243.18
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 44 min ago; Extended: live order book, 42 min ago.
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 Kraken Futures live order book, 44 min ago | 12.66 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 42 min ago | 5.24 bp | 24.8 bp −$25 | 243.7 bp −$2,437 | doesn't fit | doesn't fit |
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 PERP | +0.0033% | 1h | 0.6155 | −3.077% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6350 | −0.012% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6352 | +0.025% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6355 | +0.072% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6349 | −0.022% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6353 | +0.041% | $980K | $366K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6361 | +0.167% | $1.5M | $786K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6352 | +0.025% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6358 | +0.126% | $183K | $69K | — | as long as short |
| Extended RUNE-USDshort | +0.0104% | 1h | 0.6345 | −0.079% | $4K | $156K | 10x |
Injective RUNE/USDC PERP
Binance RUNEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0104% | 8h | 0.6352 | +0.025% | $432K | $210K | 75x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0223% | 1h | 0.6347 | −0.054% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0624% | 1h | 0.6374 | +0.372% | $37K | $30K | 25x | as long as short |
| dYdX RUNE-USD | +0.0750% | 1h | 0.6339 | −0.173% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.0820% | 1h | 0.6350 | long leg | $155K | $307K | 20x | |
| Hyperliquid RUNE | +0.1472% | 1h | 0.6357 | +0.105% | $1.8M | $1.2M | 5x | as long as short |
BloFin RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD
Hyperliquid RUNE