Funding you earn now, next payment 05:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.071%
Price spread now: Coinbase International against KuCoin+0.331%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
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.331% dearer against KuCoin than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6353 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $980K | $366K | 50x |
| Short | Coinbase International RUNE-PERP-INTX | 0.6374 | 0.0624 | get 0.0078% / 1h | 3m 17s | $37K | $30K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $110.04
- Price spread: +0.331% → 0.000%
- $33.06
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $121.1
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 26 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 KuCoin live order book, 26 min ago | 3.18 bp | 78.9 bp −$79 | 213.1 bp −$2,131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −3.117% | $7 | $14 | 12x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6348 | −0.081% | $4.9M | $16.1M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6351 | −0.031% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6353 | 0.000% | $629K | $369K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6348 | −0.079% | $3.5M | $3.6M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6353 | long leg | $980K | $366K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6360 | +0.110% | $1.5M | $786K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6352 | −0.016% | — | $58.7M | — | as long as short |
| Variational Omni RUNE | +0.0100% | 8h | 0.6358 | +0.085% | $183K | $69K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6345 | −0.119% | $4K | $156K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | +0.0129% | 8h | 0.6354 | +0.016% | $430K | $210K | 75x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0223% | 1h | 0.6347 | −0.094% | — | — | 10x | as long as short |
| Coinbase International RUNE-PERP-INTXshort | +0.0624% | 1h | 0.6374 | +0.331% | $37K | $30K | 25x | |
| dYdX RUNE-USD | +0.0750% | 1h | 0.6339 | −0.214% | $27K | $32K | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0820% | 1h | 0.6350 | −0.041% | $155K | $307K | 20x | as long as short |
| Hyperliquid RUNE | +0.1473% | 1h | 0.6357 | +0.065% | $1.8M | $1.2M | 5x | as long as short |
KuCoin RUNEUSDTM
Coinbase International RUNE-PERP-INTX
Injective RUNE/USDC PERP
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDT
Variational Omni RUNE
Extended RUNE-USD
BloFin RUNE-USDT
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
Hyperliquid RUNE