Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.056%
Price spread now: Coinbase International against MEXC+0.714%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.714% dearer against MEXC than usual: you sell high and buy low (spread +0.714% now, against zero (this spread has no 7-day history yet)): +$71 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 54 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RUNE_USDT | 0.6585 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $3.2M | $2.6M | 125x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6632 | 0.0056 | get 0.0007% / 1h | 1m 13s | $39K | $32K | 25x |
MEXC RUNE_USDT
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- −$9.24
- Price spread: +0.714% → 0.000%
- $71.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $48.13
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; Coinbase International: 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 MEXC live order book, 1 min ago | 2.28 bp | 8.2 bp −$8 | 35.1 bp −$351 | 109.2 bp −$10.9K | 229.9 bp −$114.9K |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | −0.0358% | 1h | 0.6579 | −0.091% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −6.530% | $7 | $14 | 12x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0056% | 1h | 0.6632 | +0.714% | $39K | $32K | 25x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6576 | −0.137% | $5.2M | $13.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6582 | −0.046% | $3.0M | $2.3M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6596 | +0.167% | $664K | $359K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6585 | long leg | $3.2M | $2.6M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6595 | +0.152% | $929K | $257K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6591 | +0.091% | $1.6M | $664K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6590 | +0.076% | — | $58.9M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6583 | −0.033% | $157K | $34K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6575 | −0.146% | $4K | $169K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0128% | 8h | 0.6579 | −0.091% | $482K | $193K | 75x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0597% | 1h | 0.6580 | −0.074% | $194K | $249K | 20x | as long as short |
| dYdX RUNE-USD | +0.0737% | 1h | 0.6603 | +0.279% | $56K | $5K | 5x | as long as short |
| Hyperliquid RUNE | +0.1281% | 1h | 0.6607 | +0.340% | $1.8M | $1.0M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Kraken Futures PF_RUNEUSD
dYdX RUNE-USD
Hyperliquid RUNE