Funding you earn now, next payment 11:00 UTC+0.0895%/8h= +98.0% APRnext payment +$1.12 per $10,000 · paid last 24h +0.163%
Price spread now: dYdX against Kraken Futures−0.114%85s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.431%+$243 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. dYdX is 0.114% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$27 a day). The two prices were read 85 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 | Kraken Futures PF_RUNEUSD | 0.6485 | 0.0528 | pay 0.0066% / 1h | 46m 30s | $157K | $312K | 20x |
| Short | dYdX RUNE-USD | 0.6477 | 0.1423 | get 0.0178% / 1h | 46m 30s | $28K | $32K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $187.99
- Price spread: −0.114% → 0.000%
- −$11.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $156.57
- Costs to cover
- 0.200%
- Break-even
- 1.2 days
Slippage unknown: Kraken Futures: live order book, 64 min ago; dYdX: 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, 64 min ago | 13.13 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 exchanges
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 | 0.0000% | 1h | 0.6483 | −0.029% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −5.087% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6485 | +0.002% | $5.3M | $16.9M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6485 | +0.002% | $3.0M | $3.0M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6490 | +0.079% | $684K | $382K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6486 | +0.017% | $3.9M | $3.7M | 125x | as long as short |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6484 | −0.014% | $1.0M | $367K | 50x | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6472 | −0.201% | $187K | $72K | — | as long as short |
| BloFin RUNE-USDT | +0.0102% | 8h | 0.6486 | +0.017% | $338K | $230K | 75x | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6483 | −0.023% | $5K | $206K | 10x | as long as short |
Show all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RUNEUSDT | +0.0138% | 8h | 0.6494 | +0.141% | $1.6M | $801K | 50x | as long as short |
| BingX RUNE-USDT | +0.0138% | 8h | 0.6490 | +0.079% | — | $11.6M | — | as long as short |
| Kraken Futures PF_RUNEUSDlong | +0.0528% | 1h | 0.6485 | long leg | $157K | $312K | 20x | |
| Hyperliquid RUNE | +0.0976% | 1h | 0.6488 | +0.042% | $2.0M | $1.3M | 5x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.1000% | 1h | 0.6509 | +0.372% | $37K | $28K | 25x | as long as short |
| dYdX RUNE-USDshort | +0.1423% | 1h | 0.6477 | −0.114% | $28K | $32K | 5x |
Kraken Futures PF_RUNEUSD
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
KuCoin RUNEUSDTM
Variational Omni RUNE
BloFin RUNE-USDT
Extended RUNE-USD
Bitget RUNEUSDT
BingX RUNE-USDT
Hyperliquid RUNE
Coinbase International RUNE-PERP-INTX