Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.692%
Price spread now: dYdX against KuCoin−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.002%+$200 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 0.130% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+2.002% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RUNEUSDTM | 0.6337 | 0.0100 | pay 0.0100% / 8h | 5h 01m | $919K | $330K | 50x |
| Short | dYdX RUNE-USD | 0.6329 | 0.0136 | get 0.0017% / 1h | 1m 40s | $27K | $32K | 5x |
KuCoin RUNEUSDTM
dYdX RUNE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $7.6
- Price spread: −0.130% → 0.000%
- −$13.04
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.44
- Costs to cover
- 0.220%
- Break-even
- 32.3 days
Slippage unknown: KuCoin: live order book, 43 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 KuCoin live order book, 43 min ago | 5.56 bp | 101.2 bp −$101 | 261.3 bp −$2,613 | 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 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 | 0.0000% | 1h | 0.6332 | −0.079% | — | — | 10x | as long as short |
| Injective RUNE/USDC PERP | +0.0033% | 1h | 0.6155 | −2.872% | $7 | $14 | 12x | as long as short |
| BloFin RUNE-USDT | +0.0091% | 8h | 0.6335 | −0.032% | $446K | $193K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6332 | −0.083% | $4.8M | $15.6M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6336 | −0.016% | $2.8M | $2.8M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6339 | +0.032% | $628K | $377K | 50x | as long as short |
| MEXC RUNE_USDT | +0.0100% | 8h | 0.6332 | −0.079% | $3.6M | $3.5M | 125x | as long as short |
| KuCoin RUNEUSDTMlong | +0.0100% | 8h | 0.6337 | long leg | $919K | $330K | 50x | |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6343 | +0.095% | $1.5M | $766K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6333 | −0.063% | — | $59.0M | — | as long as short |
Deribit RUNE_USDC-PERPETUAL
Injective RUNE/USDC PERP
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
MEXC RUNE_USDT
Bitget RUNEUSDT
BingX RUNE-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | +0.0100% | 8h | 0.6335 | −0.035% | $186K | $67K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6330 | −0.109% | $4K | $165K | 10x | as long as short |
| dYdX RUNE-USDshort | +0.0136% | 1h | 0.6329 | −0.130% | $27K | $32K | 5x | |
| Coinbase International RUNE-PERP-INTX | +0.0504% | 1h | 0.6381 | +0.694% | $37K | $31K | 25x | as long as short |
| Hyperliquid RUNE | +0.1536% | 1h | 0.6347 | +0.158% | $1.7M | $1.0M | 5x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.2064% | 1h | 0.6340 | +0.044% | $181K | $286K | 20x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE
Kraken Futures PF_RUNEUSD