Funding you earn now, next payment 23:00 UTC−0.3286%/8h= −359.8% APRnext payment −$4.11 per $10,000 · paid last 24h −0.036%
Price spread now: Deribit against Kraken Futures−0.179%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$99 a day on $10k at the current rate, and Deribit is 0.179% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 46m 08s | $177K | $214K | 20x |
| Short | Deribit RUNE_USDC-PERPETUAL | 0.6410 | −0.1152 | pay 0.0144% / 1h | 46m 08s | — | — | 10x |
Kraken Futures PF_RUNEUSD
Deribit RUNE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$690.02
- Price spread: −0.179% → 0.000%
- −$17.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$724.94
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 36 min ago; Deribit: 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, 36 min ago | 35.81 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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-PERPETUALshort | −0.1152% | 1h | 0.6410 | −0.179% | — | — | 10x | |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −4.150% | $7 | $24 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6404 | −0.273% | $4.8M | $10.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6404 | −0.273% | $2.8M | $1.6M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6413 | −0.132% | $659K | $296K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6409 | −0.195% | $3.4M | $1.6M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6409 | −0.195% | $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 | 0.6411 | −0.164% | — | $59.1M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6424 | +0.046% | $127K | $9K | — | as long as short |
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 | 0.6404 | −0.276% | $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-INTX | +0.0112% | 1h | 0.6455 | +0.522% | $38K | $16K | 25x | as long as short |
| Hyperliquid RUNE | +0.0654% | 1h | 0.6425 | +0.050% | $1.7M | $867K | 5x | as long as short |
| dYdX RUNE-USD | +0.1507% | 1h | 0.6415 | −0.095% | $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
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
dYdX RUNE-USD