Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.692%
Price spread now: dYdX against Binance−0.516%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.064%+$206 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 −$3 a day on $10k at the current rate, and dYdX is 0.516% cheaper against Binance than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.064%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RUNEUSDT | 0.6300 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $4.8M | $15.1M | 75x |
| Short | dYdX RUNE-USD | 0.6268 | 0 | get 0.0000% / 1h | 53m 12s | $27K | $32K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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: −0.516% → 0.000%
- −$51.62
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$92.62
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.80 bp | 19.3 bp −$19 | 67.6 bp −$676 | 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 | 0.6268 | −0.516% | $27K | $32K | 5x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.306% | $7 | $14 | 12x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0068% | 1h | 0.6296 | −0.068% | — | — | 10x | as long as short |
| Binance RUNEUSDTlong | +0.0100% | 8h | 0.6300 | long leg | $4.8M | $15.1M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6295 | −0.084% | $2.8M | $2.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6285 | −0.242% | $624K | $363K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6303 | +0.043% | $3.7M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6279 | −0.338% | $905K | $323K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6313 | +0.202% | $1.5M | $757K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6301 | +0.012% | — | $59.0M | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6319 | +0.305% | $185K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6289 | −0.176% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6319 | +0.297% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1220% | 1h | 0.6298 | −0.033% | $1.7M | $1.1M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2073% | 1h | 0.6313 | +0.201% | $182K | $282K | 20x | as long as short |
Binance RUNEUSDT
Injective RUNE/USDC PERP
Deribit RUNE_USDC-PERPETUAL
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD