Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.035%
Price spread now: Injective against Binance−1.962%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.038%−$4 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 1.962% cheaper against Binance than usual: you would sell low and buy high (−$196 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 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 | Binance RUNEUSDT | 0.6278 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $4.8M | $16.1M | 75x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 34m 02s | $7 | $14 | 12x |
Binance RUNEUSDT
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −1.962% → 0.000%
- −$196.15
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$220.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago | 0.80 bp | 18.3 bp −$18 | 59.7 bp −$597 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −1.962% | $7 | $14 | 12x | |
| Deribit RUNE_USDC-PERPETUAL | +0.0068% | 1h | 0.6286 | +0.125% | — | — | 10x | as long as short |
| Binance RUNEUSDTlong | +0.0100% | 8h | 0.6278 | long leg | $4.8M | $16.1M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6284 | +0.093% | $2.8M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6296 | +0.284% | $624K | $367K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6286 | +0.125% | $3.4M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6292 | +0.221% | $969K | $364K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6290 | +0.189% | $1.5M | $782K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6285 | +0.109% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6301 | +0.364% | $185K | $67K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6277 | −0.015% | $6K | $153K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0119% | 8h | 0.6309 | +0.491% | $435K | $209K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0624% | 1h | 0.6395 | +1.861% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0828% | 1h | 0.6286 | +0.120% | $159K | $314K | 20x | as long as short |
| dYdX RUNE-USD | +0.0829% | 1h | 0.6289 | +0.174% | $27K | $32K | 5x | as long as short |
| Hyperliquid RUNE | +0.1473% | 1h | 0.6294 | +0.253% | $1.8M | $1.1M | 5x | as long as short |
Extended RUNE-USD
BloFin RUNE-USDT
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
dYdX RUNE-USD
Hyperliquid RUNE