Funding you earn now, next payment 22:00 UTC−0.2022%/8h= −221.4% APRnext payment −$2.53 per $10,000 · paid last 24h +0.060%
Price spread now: Coinbase International against Kraken Futures+0.522%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. Coinbase International is 0.522% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.522% now, against zero (this spread has no 7-day history yet)): +$52 on $10k if it goes back. Holding the pair costs −$61 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RUNEUSD | 0.6422 | 0.2134 | pay 0.0267% / 1h | 45m 44s | $177K | $214K | 20x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6455 | 0.0112 | get 0.0014% / 1h | 45m 44s | $38K | $16K | 25x |
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Kraken Futures. 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
- −$424.56
- Price spread: +0.522% → 0.000%
- $52.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$392.4
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 37 min ago; 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 Kraken Futures live order book, 37 min ago | 35.81 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 | −0.1152% | 1h | 0.6410 | −0.179% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.150% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6409 | −0.195% | $4.8M | $10.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6402 | −0.304% | $2.8M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6411 | −0.164% | $659K | $296K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6407 | −0.226% | $3.4M | $1.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6408 | −0.210% | $903K | $196K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6410 | −0.179% | $1.6M | $490K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6403 | −0.288% | — | $59.1M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6424 | +0.046% | $127K | $9K | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNEShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended RUNE-USD | +0.0104% | 1h | 0.6405 | −0.258% | $4K | $170K | 10x | as long as short |
| BloFin RUNE-USDT | +0.0110% | 8h | 0.6404 | −0.273% | $445K | $155K | 75x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0112% | 1h | 0.6455 | +0.522% | $38K | $16K | 25x | |
| Hyperliquid RUNE | +0.0653% | 1h | 0.6425 | +0.050% | $1.7M | $867K | 5x | as long as short |
| dYdX RUNE-USD | +0.1501% | 1h | 0.6409 | −0.196% | $55K | $4K | 5x | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.2134% | 1h | 0.6422 | long leg | $177K | $214K | 20x |
Extended RUNE-USD
BloFin RUNE-USDT
Hyperliquid RUNE
dYdX RUNE-USD