Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.035%
Price spread now: Injective against KuCoin−4.942%70s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.942% cheaper against KuCoin than usual: you would sell low and buy high (−$494 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6475 | 0.0100 | pay 0.0100% / 8h | 5h 46m | $999K | $367K | 50x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 46m 04s | $7 | $14 | 12x |
KuCoin RUNEUSDTM
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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: −4.942% → 0.000%
- −$494.21
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$520.23
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; Injective: no order-book sample. 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 KuCoin live order book, 6 min ago | 5.40 bp | 55.7 bp −$56 | 385.8 bp −$3,858 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 exchanges
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 | 0.0000% | 1h | 0.6474 | −0.015% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −4.942% | $7 | $14 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6471 | −0.062% | $5.3M | $16.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6474 | −0.015% | $3.0M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6474 | −0.015% | $682K | $382K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6470 | −0.077% | $3.9M | $3.7M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6475 | long leg | $999K | $367K | 50x | |
| Variational Omni RUNE | +0.0100% | 8h | 0.6472 | −0.049% | $187K | $72K | — | as long as short |
| BloFin RUNE-USDT | +0.0102% | 8h | 0.6486 | +0.170% | $338K | $230K | 75x | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6470 | −0.071% | $5K | $206K | 10x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Variational Omni RUNE
BloFin RUNE-USDT
Extended RUNE-USDShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0138% | 8h | 0.6477 | +0.031% | $1.6M | $801K | 50x | as long as short |
| BingX RUNE-USDT | +0.0138% | 8h | 0.6478 | +0.046% | — | $11.7M | — | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0529% | 1h | 0.6475 | −0.007% | $157K | $312K | 20x | as long as short |
| Hyperliquid RUNE | +0.0960% | 1h | 0.6476 | +0.011% | $2.0M | $1.3M | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1000% | 1h | 0.6509 | +0.525% | $37K | $28K | 25x | as long as short |
| dYdX RUNE-USD | +0.1423% | 1h | 0.6477 | +0.038% | $28K | $32K | 5x | as long as short |
Bitget RUNEUSDT
BingX RUNE-USDT
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD