Funding you earn now, next payment 03:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.061%
Price spread now: KuCoin against Coinbase International−0.658%7-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 −$17 a day on $10k at the current rate, and KuCoin is 0.658% cheaper against Coinbase International than usual: you would sell low and buy high (−$66 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 | Coinbase International RUNE-PERP-INTX | 0.6386 | 0.0680 | pay 0.0085% / 1h | 14m 12s | $37K | $30K | 25x |
| Short | KuCoin RUNEUSDTM | 0.6344 | 0.0100 | get 0.0100% / 8h | 4h 14m | $911K | $334K | 50x |
Coinbase International RUNE-PERP-INTX
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$121.8
- Price spread: −0.658% → 0.000%
- −$65.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$209.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 25 min ago. 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 KuCoin live order book, 25 min ago | 4.74 bp | 45.5 bp −$45 | 208.1 bp −$2,081 | doesn't fit | doesn't fit |
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 | 0.6345 | −0.642% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.617% | $7 | $14 | 12x | as long as short |
| dYdX RUNE-USD | +0.0051% | 1h | 0.6335 | −0.794% | $27K | $32K | 5x | as long as short |
| BloFin RUNE-USDT | +0.0073% | 8h | 0.6347 | −0.611% | $445K | $195K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6342 | −0.689% | $4.8M | $15.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6341 | −0.705% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6347 | −0.611% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6341 | −0.705% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6344 | −0.658% | $911K | $334K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6351 | −0.548% | $1.6M | $774K | 50x | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
dYdX RUNE-USD
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RUNE-USDT | +0.0100% | 8h | 0.6349 | −0.579% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6347 | −0.612% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6340 | −0.716% | $4K | $164K | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXlong | +0.0680% | 1h | 0.6386 | long leg | $37K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0988% | 1h | 0.6350 | −0.564% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1810% | 1h | 0.6358 | −0.437% | $1.8M | $1.1M | 5x | as long as short |
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE