RUNE

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0335%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.020%

Price spread now: Coinbase International against Injective+3.688%64s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 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 +$10 a day on $10k at the current rate, and Coinbase International is 3.688% dearer against Injective than usual: you sell high and buy low: +$369 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 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	Injective RUNE/USDC PERP	0.6155	0.0033	pay 0.0004% / 1h	3m 37s	$7	$24	12x
Short	Coinbase International RUNE-PERP-INTX	0.6382	0.0368	get 0.0046% / 1h	3m 37s	$38K	$16K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now +3.688%Rate

Funding earned: $70.28
Price spread: +3.688% → 0.000%: $368.81
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $429.07
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Injective and 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	−0.1326%	1h	0.6335	+2.924%	—	—	10x	as long as short
Injective RUNE/USDC PERPlong	+0.0033%	1h	0.6155	long leg	$7	$24	12x
Binance RUNEUSDT	+0.0100%	8h	0.6336	+2.937%	$4.7M	$9.9M	75x	as long as short
Bybit RUNEUSDT	+0.0100%	8h	0.6336	+2.941%	$2.7M	$1.5M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6341	+3.022%	$653K	$293K	50x	as long as short
MEXC RUNE_USDT	+0.0100%	8h	0.6334	+2.908%	$3.1M	$1.5M	125x	as long as short
KuCoin RUNEUSDTM	+0.0100%	8h	0.6336	+2.941%	$903K	$190K	50x	as long as short
Bitget RUNEUSDT	+0.0100%	8h	0.6354	+3.233%	$1.6M	$473K	50x	as long as short
BingX RUNE-USDT	+0.0100%	8h	0.6339	+2.989%	—	$59.1M	—	as long as short
Variational Omni RUNE	+0.0100%	8h	0.6344	+3.074%	$125K	$9K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended RUNE-USD	+0.0104%	1h	0.6336	+2.939%	$4K	$170K	10x	as long as short
BloFin RUNE-USDT	+0.0126%	8h	0.6329	+2.827%	$449K	$152K	75x	as long as short
Coinbase International RUNE-PERP-INTXshort	+0.0368%	1h	0.6382	+3.688%	$38K	$16K	25x
Hyperliquid RUNE	+0.0568%	1h	0.6355	+3.245%	$1.6M	$858K	5x	as long as short
dYdX RUNE-USD	+0.1891%	1h	0.6339	+2.985%	$54K	$4K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.2418%	1h	0.6353	+3.217%	$176K	$214K	20x	as long as short