Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.035%
Price spread now: Injective against MEXC−2.765%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+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 −$2 a day on $10k at the current rate, and Injective is 2.765% cheaper against MEXC than usual: you would sell low and buy high (−$276 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | MEXC RUNE_USDT | 0.6330 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $3.4M | $3.6M | 125x |
| Short | Injective RUNE/USDC PERP | 0.6155 | 0.0033 | get 0.0004% / 1h | 48m 30s | $7 | $14 | 12x |
MEXC RUNE_USDT
Injective RUNE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: −2.765% → 0.000%
- −$276.46
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$294.48
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Injective: 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 MEXC live order book, 4 min ago | 1.58 bp | 8.7 bp −$9 | 27.9 bp −$279 | 108.4 bp −$10.8K | 236.5 bp −$118.3K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX RUNE-USD | +0.0024% | 1h | 0.6329 | −0.010% | $27K | $32K | 5x | as long as short |
| Injective RUNE/USDC PERPshort | +0.0033% | 1h | 0.6155 | −2.765% | $7 | $14 | 12x | |
| BloFin RUNE-USDT | +0.0088% | 8h | 0.6337 | +0.111% | $441K | $206K | 75x | as long as short |
| Binance RUNEUSDT | +0.0100% | 8h | 0.6330 | 0.000% | $4.9M | $16.2M | 75x | as long as short |
| Bybit RUNEUSDT | +0.0100% | 8h | 0.6334 | +0.063% | $2.9M | $2.9M | 75x | as long as short |
| Gate RUNE_USDT | +0.0100% | 8h | 0.6337 | +0.111% | $627K | $364K | 50x | as long as short |
| MEXC RUNE_USDTlong | +0.0100% | 8h | 0.6330 | long leg | $3.4M | $3.6M | 125x | |
| KuCoin RUNEUSDTM | +0.0100% | 8h | 0.6335 | +0.079% | $977K | $368K | 50x | as long as short |
| Bitget RUNEUSDT | +0.0100% | 8h | 0.6340 | +0.158% | $1.5M | $787K | 50x | as long as short |
| BingX RUNE-USDT | +0.0100% | 8h | 0.6332 | +0.032% | — | $58.7M | — | as long as short |
dYdX RUNE-USD
BloFin RUNE-USDT
Binance RUNEUSDT
Bybit RUNEUSDT
Gate RUNE_USDT
KuCoin RUNEUSDTM
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 | 0.6329 | −0.016% | $183K | $70K | — | as long as short |
| Extended RUNE-USD | +0.0104% | 1h | 0.6329 | −0.017% | $8K | $160K | 10x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | +0.0224% | 1h | 0.6330 | 0.000% | — | — | 10x | as long as short |
| Kraken Futures PF_RUNEUSD | +0.0861% | 1h | 0.6332 | +0.038% | $154K | $306K | 20x | as long as short |
| Coinbase International RUNE-PERP-INTX | +0.0864% | 1h | 0.6361 | +0.490% | $37K | $30K | 25x | as long as short |
| Hyperliquid RUNE | +0.1598% | 1h | 0.6338 | +0.123% | $1.8M | $1.2M | 5x | as long as short |
Variational Omni RUNE
Extended RUNE-USD
Deribit RUNE_USDC-PERPETUAL
Kraken Futures PF_RUNEUSD
Coinbase International RUNE-PERP-INTX
Hyperliquid RUNE