Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.734%
Price spread now: dYdX against Variational Omni−0.611%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.611% cheaper against Variational Omni than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RUNE | 0.6319 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $185K | $67K | — |
| Short | dYdX RUNE-USD | 0.6281 | 0 | get 0.0000% / 1h | 54m 20s | $27K | $32K | 5x |
Variational Omni RUNE
dYdX RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.611% → 0.000%
- −$61.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$92.09
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 10 min ago; dYdX: 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, 10 min ago | 7.14 bp | doesn't fit | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 15 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RUNE-USDshort | 0.0000% | 1h | 0.6281 | −0.611% | $27K | $32K | 5x | |
| Deribit RUNE_USDC-PERPETUAL | 0.0000% | 1h | 0.6277 | −0.672% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.602% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6280 | −0.630% | $4.8M | $15.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6275 | −0.703% | $2.8M | $2.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6279 | −0.640% | $623K | $363K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6279 | −0.640% | $3.7M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6279 | −0.640% | $905K | $323K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6287 | −0.514% | $1.5M | $756K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6279 | −0.640% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNElong | +0.0100% | 8h | 0.6319 | long leg | $185K | $67K | — | |
| Extended RUNE-USD | +0.0104% | 1h | 0.6277 | −0.674% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6319 | −0.007% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1125% | 1h | 0.6290 | −0.465% | $1.7M | $1.1M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2078% | 1h | 0.6298 | −0.344% | $182K | $282K | 20x | as long as short |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD