Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.035%
Price spread now: Binance against Injective+3.249%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+0.038%+$4 on $10k
+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 +$2 a day on $10k at the current rate, and Binance is 3.249% dearer against Injective than usual: you sell high and buy low: +$325 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 | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | pay 0.0004% / 1h | 23m 20s | $7 | $14 | 12x |
| Short | Binance RUNEUSDT | 0.6355 | 0.0100 | get 0.0100% / 8h | 4h 23m | $4.8M | $15.7M | 75x |
Injective RUNE/USDC PERP
Binance RUNEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- Price spread: +3.249% → 0.000%
- $324.94
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $328.92
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.79 bp | 23.2 bp −$23 | 79.6 bp −$796 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERPlong | +0.0033% | 1h | 0.6155 | long leg | $7 | $14 | 12x | |
| dYdX RUNE-USD | +0.0044% | 1h | 0.6350 | +3.166% | $27K | $32K | 5x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0065% | 1h | 0.6357 | +3.282% | — | — | 10x | as long as short |
| Binance RUNEUSDTshort | +0.0100% | 8h | 0.6355 | +3.249% | $4.8M | $15.7M | 75x | |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6359 | +3.314% | $2.9M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6353 | +3.217% | $630K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6356 | +3.266% | $3.5M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6359 | +3.314% | $913K | $335K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6365 | +3.412% | $1.6M | $775K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6359 | +3.314% | — | $58.9M | — | as long as short |
dYdX RUNE-USD
Deribit RUNE_USDC-PERPETUAL
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 | 0.6352 | +3.206% | $187K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6354 | +3.239% | $4K | $164K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6361 | +3.347% | $445K | $195K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0680% | 1h | 0.6386 | +3.753% | $37K | $30K | 25x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0986% | 1h | 0.6362 | +3.370% | $179K | $288K | 20x | as long as short |
| Hyperliquid RUNE | +0.1760% | 1h | 0.6366 | +3.423% | $1.8M | $1.1M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Coinbase International RUNE-PERP-INTX
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE