Funding you earn now, next payment 00:00 UTC+0.0932%/8h= +102.1% APRpaid last 24h —
Price spread now: KuCoin against Deribit+0.093%53s7-day average — · you sell dearer than you buy
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—needs both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and KuCoin is 0.093% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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 | Deribit RUNE_USDC-PERPETUAL | 0.6461 | −0.0832 | get 0.0104% / 1h | 42m 22s | — | — | 10x |
| Short | KuCoin RUNEUSDTM | 0.6467 | 0.0100 | get 0.0100% / 8h | 42m 22s | $906K | $208K | 50x |
Deribit RUNE_USDC-PERPETUAL
KuCoin RUNEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Deribit. 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
- $195.77
- Price spread: +0.093% → 0.000%
- $9.29
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $186.06
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 22 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 22 min ago | 3.93 bp | 66.1 bp −$66 | 184.2 bp −$1,842 | doesn't fit | doesn't fit |
Deribit: 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-PERPETUALlong | −0.0832% | 1h | 0.6461 | long leg | — | — | 10x | |
| Coinbase International RUNE-PERP-INTX | +0.0024% | 1h | 0.6451 | −0.155% | $41K | $22K | 25x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.736% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6467 | +0.095% | $4.9M | $10.7M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6461 | 0.000% | $2.7M | $1.7M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6468 | +0.108% | $667K | $312K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6462 | +0.015% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6467 | +0.093% | $906K | $208K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6463 | +0.031% | $1.6M | $533K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6472 | +0.170% | — | $59.2M | — | as long as short |
Coinbase International RUNE-PERP-INTX
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6442 | −0.299% | $127K | $8K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6468 | +0.102% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0114% | 8h | 0.6455 | −0.093% | $449K | $161K | 75x | as long as short |
| Hyperliquid RUNE | +0.1144% | 1h | 0.6480 | +0.291% | $1.7M | $909K | 5x | as long as short |
| dYdX RUNE-USD | +0.1165% | 1h | 0.6459 | −0.036% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1684% | 1h | 0.6468 | +0.111% | $190K | $229K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD