Funding you earn now, next payment 05:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.579%
Price spread now: KuCoin against dYdX+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.005%−$200 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.073% dearer against dYdX than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−2.005% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX RUNE-USD | 0.6334 | 0.0361 | pay 0.0045% / 1h | 16m 07s | $27K | $32K | 5x |
| Short | KuCoin RUNEUSDTM | 0.6339 | 0.0100 | get 0.0100% / 8h | 3h 16m | $978K | $360K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against dYdX. 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
- −$54.81
- Price spread: +0.073% → 0.000%
- $7.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$69.5
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 18 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 dYdX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 18 min ago | 6.30 bp | 43.7 bp −$44 | 207.7 bp −$2,077 | doesn't fit | doesn't fit |
dYdX: 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 | 0.6335 | +0.010% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.832% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0097% | 8h | 0.6337 | +0.042% | $439K | $197K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6335 | +0.005% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6334 | −0.006% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6340 | +0.089% | $628K | $370K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6334 | −0.006% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMshort | +0.0100% | 8h | 0.6339 | +0.073% | $978K | $360K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6339 | +0.073% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6333 | −0.022% | — | $58.9M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6340 | +0.095% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6330 | −0.065% | $4K | $169K | 10x | as long as short |
| dYdX RUNE-USDlong | +0.0361% | 1h | 0.6334 | long leg | $27K | $32K | 5x | |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6395 | +0.957% | $38K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0953% | 1h | 0.6341 | +0.098% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1610% | 1h | 0.6344 | +0.157% | $1.8M | $1.1M | 5x | as long as short |
KuCoin RUNEUSDTM
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE