Funding you earn now, next payment 02:00 UTC+0.0123%/8h= +13.4% APRpaid last 24h —
Price spread now: Deribit against Gate+0.142%51s7-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 +$4 a day on $10k at the current rate, and Deribit is 0.142% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | Gate RUNE_USDT | 0.6339 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $639K | $371K | 50x |
| Short | Deribit RUNE_USDC-PERPETUAL | 0.6348 | 0.0223 | get 0.0028% / 1h | 21m 24s | — | — | 10x |
Gate RUNE_USDT
Deribit RUNE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- $25.79
- Price spread: +0.142% → 0.000%
- $14.2
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $17.99
- Costs to cover
- 0.220%
- Break-even
- 2.1 days
Slippage unknown: Gate: live order book, 45 min ago; Deribit: 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 Gate live order book, 45 min ago | 5.31 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.903% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6330 | −0.142% | $4.9M | $14.8M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6333 | −0.095% | $2.9M | $2.5M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6339 | long leg | $639K | $371K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6333 | −0.095% | $3.8M | $3.4M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6333 | −0.095% | $895K | $314K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6343 | +0.063% | $1.6M | $752K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6336 | −0.047% | — | $59.0M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6335 | −0.064% | $186K | $69K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6331 | −0.120% | $4K | $164K | 10x | as long as short |
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International RUNE-PERP-INTX | +0.0104% | 1h | 0.6368 | +0.457% | $38K | $31K | 25x | as long as short |
| Deribit RUNE_USDC-PERPETUALshort | +0.0223% | 1h | 0.6348 | +0.142% | — | — | 10x | |
| dYdX RUNE-USD | +0.0771% | 1h | 0.6328 | −0.177% | $54K | $5K | 5x | as long as short |
| Hyperliquid RUNE | +0.0776% | 1h | 0.6344 | +0.082% | $1.7M | $1.1M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.1759% | 1h | 0.6350 | +0.181% | $183K | $282K | 20x | as long as short |
Coinbase International RUNE-PERP-INTX
dYdX RUNE-USD
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD