Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.038%
Price spread now: Injective against Extended−6.511%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.511% cheaper against Extended than usual: you would sell low and buy high (−$651 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 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 | Extended RUNE-USD | 0.6584 | 0.0104 | pay 0.0013% / 1h | 32m 07s | $4K | $167K | 10x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 32m 07s | $7 | $14 | 12x |
Extended RUNE-USD
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14.84
- Price spread: −6.511% → 0.000%
- −$651.13
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$670.99
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 39 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 39 min ago | 5.03 bp | 25.6 bp −$26 | 224.3 bp −$2,243 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 | −0.0357% | 1h | 0.6588 | +0.066% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −6.511% | $7 | $14 | 12x | |
| Coinbase International RUNE-PERP-INTX | +0.0056% | 1h | 0.6607 | +0.354% | $39K | $32K | 25x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6586 | +0.035% | $5.2M | $12.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6588 | +0.066% | $2.9M | $2.1M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6590 | +0.096% | $667K | $344K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6585 | +0.020% | $3.6M | $2.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6588 | +0.066% | $928K | $239K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6584 | +0.005% | $1.6M | $632K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6589 | +0.081% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
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 | 0.6563 | −0.314% | $129K | $7K | — | as long as short |
| BloFin RUNE-USDT | +0.0101% | 8h | 0.6587 | +0.050% | $484K | $188K | 75x | as long as short |
| Extended RUNE-USDlong | +0.0104% | 1h | 0.6584 | long leg | $4K | $167K | 10x | |
| dYdX RUNE-USD | +0.0482% | 1h | 0.6585 | +0.019% | $56K | $5K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0596% | 1h | 0.6596 | +0.186% | $196K | $239K | 20x | as long as short |
| Hyperliquid RUNE | +0.1009% | 1h | 0.6604 | +0.304% | $1.8M | $969K | 5x | as long as short |
Variational Omni RUNE
BloFin RUNE-USDT
dYdX RUNE-USD
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE