Funding you earn now, next payment 06:00 UTC+0.0764%/8h= +83.7% APRpaid last 24h +0.079%
Price spread now: Coinbase International against Variational Omni+0.276%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$23 a day on $10k at the current rate, and Coinbase International is 0.276% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | Variational Omni RUNE | 0.6390 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $184K | $70K | — |
| Short | Coinbase International RUNE-PERP-INTX | 0.6408 | 0.0864 | get 0.0108% / 1h | 3m 24s | $37K | $29K | 25x |
Variational Omni RUNE
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $160.44
- Price spread: +0.276% → 0.000%
- $27.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $178.01
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 41 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 Variational Omni RFQ quote, 41 min ago | 3.94 bp | doesn't fit | 153.8 bp −$1,538 | doesn't fit | doesn't fit |
| 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 | 0.0000% | 1h | 0.6379 | −0.178% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.683% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0087% | 8h | 0.6387 | −0.053% | $438K | $208K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6376 | −0.225% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6381 | −0.147% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6391 | +0.010% | $633K | $367K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6378 | −0.194% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6390 | −0.006% | $989K | $365K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6387 | −0.053% | $1.6M | $769K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6382 | −0.131% | — | $58.7M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC 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 RUNElong | +0.0100% | 8h | 0.6390 | long leg | $184K | $70K | — | |
| Extended RUNE-USD | +0.0104% | 1h | 0.6369 | −0.330% | $7K | $150K | 10x | as long as short |
| dYdX RUNE-USD | +0.0798% | 1h | 0.6366 | −0.386% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0854% | 1h | 0.6379 | −0.171% | $147K | $322K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0864% | 1h | 0.6408 | +0.276% | $37K | $29K | 25x | |
| Hyperliquid RUNE | +0.1550% | 1h | 0.6383 | −0.122% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE