Funding you earn now, next payment 04:00 UTC+0.0576%/8h= +63.1% APRnext payment +$0.72 per $10,000 · paid last 24h +0.065%
Price spread now: Coinbase International against Extended+1.059%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 1.059% dearer against Extended than usual: you sell high and buy low: +$106 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended RUNE-USD | 0.6328 | 0.0104 | pay 0.0013% / 1h | 25m 22s | $4K | $169K | 10x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6395 | 0.0680 | get 0.0085% / 1h | 25m 22s | $38K | $30K | 25x |
Extended RUNE-USD
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $120.96
- Price spread: +1.059% → 0.000%
- $105.87
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $211.83
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 26 min ago; Coinbase International: 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 Extended live order book, 26 min ago | 3.69 bp | 22.7 bp −$23 | 185.3 bp −$1,853 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | 0.6333 | +0.079% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.734% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6325 | −0.043% | $4.8M | $15.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6328 | 0.000% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6334 | +0.095% | $627K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6324 | −0.063% | $3.4M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6330 | +0.032% | $976K | $359K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6336 | +0.126% | $1.5M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6336 | +0.126% | — | $58.9M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6331 | +0.045% | $186K | $67K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
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-USDlong | +0.0104% | 1h | 0.6328 | long leg | $4K | $169K | 10x | |
| BloFin RUNE-USDT | +0.0106% | 8h | 0.6345 | +0.269% | $441K | $193K | 75x | as long as short |
| dYdX RUNE-USD | +0.0402% | 1h | 0.6330 | +0.028% | $27K | $32K | 5x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0680% | 1h | 0.6395 | +1.059% | $38K | $30K | 25x | |
| Kraken Futures PF_RUNEUSD | +0.0953% | 1h | 0.6337 | +0.149% | $166K | $310K | 20x | as long as short |
| Hyperliquid RUNE | +0.1628% | 1h | 0.6339 | +0.169% | $1.8M | $1.1M | 5x | as long as short |
BloFin RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE