Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.035%
Price spread now: KuCoin against Injective+2.957%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.101%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 2.957% dearer against Injective than usual: you sell high and buy low: +$296 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RUNE/USDC PERP0.61550.0033pay 0.0004% / 1h38m 40s$7$1412x
ShortKuCoin RUNEUSDTM0.63370.0100get 0.0100% / 8h4h 38m$910K$334K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$14
Price spread: +2.957% → 0.000%
$295.69
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$297.67
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell KuCoin live order book, 1 min ago4.74 bp45.5 bp −$45208.1 bp −$2,081doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6335+2.924%10xas long as short
dYdX RUNE-USD+0.0002%1h0.6334+2.916%$27K$32K5xas long as short
Injective RUNE/USDC PERPlong+0.0033%1h0.6155long leg$7$1412x
BloFin RUNE-USDT+0.0088%8h0.6339+2.989%$448K$194K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6334+2.913%$4.8M$15.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6337+2.957%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6340+3.006%$629K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6334+2.908%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6337+2.957%$910K$334K50x
Bitget RUNEUSDT+0.0100%8h0.6344+3.071%$1.6M$775K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6339+2.989%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6323+2.735%$186K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6333+2.887%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6381+3.672%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0990%1h0.6338+2.970%$179K$288K20xas long as short
Hyperliquid RUNE+0.1703%1h0.6346+3.100%$1.7M$1.0M5xas long as short