Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.695%
Price spread now: Injective against dYdX−2.111%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−2.095%−$210 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Injective is 2.111% cheaper against dYdX than usual: you would sell low and buy high (spread −2.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$211 on $10k: about 7 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −2.095%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.62880get 0.0000% / 1h55m 17s$27K$32K5x
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h55m 17s$7$1412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$7
Price spread: −2.111% → 0.000%
−$211.11
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$214.13
Costs to cover
0.100%
Break-even
221.1 days
Slippage unknown: dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Injective no order-book sample
dYdX 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 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX RUNE-USDlong0.0000%1h0.6288long leg$27K$32K5x
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6280−0.123%10xas long as short
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−2.111%$7$1412x
Binance RUNEUSDT+0.0100%8h0.6287−0.009%$4.8M$15.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6285−0.044%$2.8M$2.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6282−0.091%$630K$359K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6289+0.020%$3.7M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6279−0.139%$905K$322K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6288+0.004%$1.5M$756K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6279−0.139%$59.0Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6319+0.504%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6274−0.219%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0504%1h0.6319+0.497%$37K$31K25xas long as short
Hyperliquid RUNE+0.1087%1h0.6293+0.088%$1.7M$1.1M5xas long as short
Kraken Futures PF_RUNEUSD+0.2077%1h0.6300+0.201%$182K$282K20xas long as short