Funding you earn now, next payment 08:00 UTC+0.0666%/8h= +72.9% APRpaid last 24h +0.149%
Price spread now: Kraken Futures against Gate+0.116%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2182.184% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.116%, 7d avg +0.108%
=The price spread sits at its 7-day average of +0.108%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.486%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RUNE_USDT | 0.6397 | 0.0100 | pay 0.0100% / 8h | 8m 07s | $666K | $391K | 50x |
| Short | Kraken Futures PF_RUNEUSD | 0.6404 | 0.0766 | get 0.0096% / 1h | 8m 07s | $148K | $313K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $139.9
- Price spread: +0.116% → +0.108%
- $0.82
- Slippage, 4 orders
- −$193.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$77.67
- Costs to cover
- 2.184%
- Break-even
- 10.9 days
Slippage from Gate: live order book, 28 min ago; Kraken Futures: live order book, 30 min ago.
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, 28 min ago | 3.91 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 30 min ago | 14.87 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.783% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6390 | −0.117% | $5.0M | $16.4M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6386 | −0.172% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDTlong | +0.0100% | 8h | 0.6397 | long leg | $666K | $391K | 50x | |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6385 | −0.188% | $3.9M | $3.8M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6395 | −0.031% | $991K | $363K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6397 | −0.005% | $185K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6387 | −0.163% | $8K | $208K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0111% | 8h | 0.6398 | +0.016% | $442K | $210K | 75x | as long as short |
| BingX RUNE-USDT | +0.0116% | 8h | 0.6394 | −0.047% | — | $58.7M | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0127% | 8h | 0.6399 | +0.031% | $1.6M | $778K | 50x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0376% | 1h | 0.6397 | 0.000% | — | — | 10x | as long as short |
| dYdX RUNE-USD | +0.0582% | 1h | 0.6386 | −0.176% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDshort | +0.0766% | 1h | 0.6404 | +0.116% | $148K | $313K | 20x | |
| Coinbase International RUNE-PERP-INTX | +0.1024% | 1h | 0.6425 | +0.438% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1467% | 1h | 0.6402 | +0.073% | $1.8M | $1.2M | 5x | as long as short |
Gate RUNE_USDT
Kraken Futures PF_RUNEUSD
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
BingX RUNE-USDT
Bitget RUNEUSDT
Deribit RUNE_USDC-PERPETUAL
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE