Funding you earn now, next payment 22:00 UTC−0.0079%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Coinbase International−4.307%64s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.307% cheaper against Coinbase International than usual: you would sell low and buy high (−$431 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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 | Coinbase International RUNE-PERP-INTX | 0.6432 | 0.0112 | pay 0.0014% / 1h | 16m 01s | $37K | $18K | 25x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 16m 01s | $7 | $24 | 12x |
Coinbase International RUNE-PERP-INTX
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$16.52
- Price spread: −4.307% → 0.000%
- −$430.66
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$457.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Coinbase International and 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit RUNE_USDC-PERPETUAL | −0.0994% | 1h | 0.6425 | −0.109% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −4.307% | $7 | $24 | 12x | |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6419 | −0.202% | $4.8M | $10.5M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6407 | −0.389% | $2.7M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6422 | −0.155% | $663K | $303K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6410 | −0.342% | $3.5M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6413 | −0.295% | $904K | $203K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6421 | −0.171% | $1.6M | $510K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6421 | −0.171% | — | $59.2M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6408 | −0.370% | $127K | $9K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Binance RUNEUSDT
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 | 0.6416 | −0.255% | $4K | $170K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0112% | 1h | 0.6432 | long leg | $37K | $18K | 25x | |
| BloFin RUNE-USDT | +0.0124% | 8h | 0.6417 | −0.233% | $456K | $157K | 75x | as long as short |
| Hyperliquid RUNE | +0.0759% | 1h | 0.6431 | −0.012% | $1.7M | $869K | 5x | as long as short |
| dYdX RUNE-USD | +0.1300% | 1h | 0.6419 | −0.207% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2129% | 1h | 0.6435 | +0.049% | $189K | $231K | 20x | as long as short |
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD