RUNE funding rates

RUNE perpetual funding across 8 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
27.0%long Variational, short Hyperliquid · net 24.7%
Highest funding now
10.9%Hyperliquid
Lowest funding now
−14.2%Variational
Listed on
8 venues

Funding by venue

7d chartFlagsOpen
HyperliquidRUNE10.9%10.9%10.9%17.4%10.9%100%1h—0.7061$1.9M$151kHyHyperliquid
BitgetCEXRUNEUSDT10.9%10.9%10.9%11.3%10.9%100%8h08:000.7056$1.6M$628kBgBitget
GateCEXRUNE_USDT10.9%10.9%10.9%10.2%10.9%100%8h08:000.7059$722k$191kGtGate
BybitCEXRUNEUSDT1.7%0.1%2.8%6.6%3.3%70%8h08:000.7052$3.3M$959kByBybit
BinanceCEXRUNEUSDT−0.8%6.0%8.0%8.0%8.3%94%8h08:000.7051$5.4M$3.4MBnBinance
ExtendedRUNE-USD−0.9%2.9%7.1%9.3%7.8%85%1h05:000.7045$9k$124kExExtended
MEXCCEXRUNE_USDT−1.3%6.0%8.0%9.1%8.3%95%8h08:000.7055$2.6M$346kMxMEXC
VariationalRUNE−14.2%−25.5%−16.1%0.6%−14.5%21%8h—0.7033$18k$10kVaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalHyperliquid25.2%36.4%27.0%16.9%24.7%37.0%1.2dsteady$18klow OI8h/1hspread not incl.VaHycalc
VariationalBitgetCEX25.2%36.4%27.0%10.7%23.9%35.9%1.6dsteady$18klow OIspread not incl.VaBgcalc
VariationalGateCEX25.2%36.4%27.0%9.6%23.1%34.7%2.0dsteady$18klow OIspread not incl.VaGtcalc
VariationalMEXCCEX12.9%31.5%24.1%8.6%23.0%34.6%0.6dsteady$18klow OIspread not incl.VaMxcalc
VariationalExtended13.4%28.4%23.2%8.7%21.9%32.8%0.8dsteady$9klow OI8h/1hspread not incl.VaExcalc
VariationalBinanceCEX13.4%31.5%24.1%13.2%21.5%32.2%1.5dsteady$18klow OIspread not incl.VaBncalc
VariationalBybitCEX16.0%25.6%18.9%6.0%16.0%24.1%2.1dsteady$18klow OIspread not incl.VaBycalc
BybitCEXHyperliquid9.2%10.8%8.1%10.9%2.9%4.4%9.0dsteady$1.9M8h/1hByHycalc
BybitCEXBitgetCEX9.2%10.8%8.1%4.7%2.1%3.2%10dsteady$1.6MByBgcalc
BybitCEXGateCEX9.2%10.8%8.1%3.7%1.3%2.0%12dsteady$722kByGtcalc
BybitCEXMEXCCEX−3.1%5.9%5.2%2.6%1.3%1.9%11dcooling$2.6MByMxcalc
BybitCEXExtended−2.6%2.8%4.3%2.8%0.1%0.2%14dweak$9klow OI8h/1hByExcalc
ExtendedHyperliquid11.8%8.1%3.8%8.1%0.2%0.3%13dmixed$9klow OIExHycalc
BybitCEXBinanceCEX−2.6%5.9%5.2%2.7%−0.3%−0.4%15dcooling$3.3MByBncalc
MEXCCEXHyperliquid12.3%4.9%2.9%8.3%−0.4%−0.7%16dweak$1.9M8h/1hMxHycalc
MEXCCEXBitgetCEX12.3%4.9%2.9%2.1%−1.2%−1.8%20dweak$1.6MMxBgcalc
MEXCCEXGateCEX12.3%4.9%2.9%1.1%−2.0%−3.0%24dweak$722kMxGtcalc
BinanceCEXHyperliquid11.8%5.0%2.9%3.1%−2.0%−3.0%24dweak$1.9M8h/1hBnHycalc
ExtendedBitgetCEX11.8%8.1%3.8%2.0%−0.6%−0.9%16dmixed$9klow OI1h/8hExBgcalc
BinanceCEXBitgetCEX11.8%5.0%2.9%2.9%−2.8%−4.2%27dweak$1.6MBnBgcalc
BinanceCEXGateCEX11.8%5.0%2.9%2.9%−3.6%−5.4%31dweak$722kBnGtcalc
MEXCCEXBinanceCEX0.5%0.0%0.0%0.0%−3.6%−5.5%>999dweak$2.6MMxBncalc
ExtendedGateCEX11.8%8.1%3.8%0.9%−1.4%−2.0%19dmixed$9klow OI1h/8hExGtcalc
ExtendedMEXCCEX−0.4%3.1%0.9%−0.2%−1.4%−2.2%36dmixed$9klow OI1h/8hExMxcalc
MEXCCEXExtended0.4%−3.1%−0.9%0.2%−3.2%−4.9%—weak$9klow OI8h/1hMxExcalc
ExtendedBinanceCEX0.0%3.1%0.9%0.1%−3.0%−4.5%60dmixed$9klow OI1h/8hExBncalc
MEXCCEXBybitCEX3.1%−5.9%−5.2%−2.6%−9.1%−13.6%—mixed$2.6MMxBycalc
BinanceCEXBybitCEX2.6%−5.9%−5.2%−2.7%−10.7%−16.0%—mixed$3.3MBnBycalc
ExtendedBybitCEX2.6%−2.8%−4.3%−2.8%−8.4%−12.7%—mixed$9klow OI1h/8hExBycalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 04:46 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 0.703266, sell on Hyperliquid at 0.70614: 0.408% before fees, 0.318% after taker fees.

RUNE: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Hyperliquid0.70614Gate0.7059Bitget0.7056MEXC0.7055Bybit0.7052Binance0.705125Extended0.704509Variational0.703266
Variational0.7032660.408%0.374%0.331%0.317%0.275%0.264%0.177%—
Extended0.7045090.231%0.197%0.155%0.141%0.098%0.087%—−0.177%
Binance0.7051250.144%0.110%0.067%0.053%0.011%—−0.087%−0.264%
Bybit0.70520.133%0.099%0.057%0.043%—−0.011%−0.098%−0.275%
MEXC0.70550.091%0.057%0.014%—−0.043%−0.053%−0.141%−0.317%
Bitget0.70560.077%0.043%—−0.014%−0.057%−0.067%−0.155%−0.331%
Gate0.70590.034%—−0.043%−0.057%−0.099%−0.110%−0.197%−0.374%
Hyperliquid0.70614—−0.034%−0.077%−0.091%−0.133%−0.144%−0.231%−0.408%
All quotes (8)
VenueBidAskQualityAgeVol 24hFlags
BinanceCEX0.7051250.705125mark7m$3.4Mno FX
BitgetCEX0.70560.7056mark7m$628kno FX
BybitCEX0.70520.7052mark7m$959kno FX
Extended0.7045090.704509mark8m$124k
GateCEX0.70590.7059mark7m$191kno FX
Hyperliquid0.706140.70614mark8m$151k
MEXCCEX0.70550.7055mark8m$346kno FX
Variational0.7032660.703266mark8m$10k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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