Live Data

THORChain (RUNE) Perpetual Futures

THORChain (RUNE) Perpetual Futures — Live Data

Market Overview

THORChain is a decentralized cross-chain liquidity protocol enabling native asset swaps between blockchains like Bitcoin, Ethereum, and Cosmos. RUNE perpetual futures are available on centralized exchanges. RUNE perps are unique in that RUNE serves as the settlement asset in all THORChain pools, making its price directly tied to cross-chain swap volume and TVL.

THORChain requires RUNE to be bonded and pooled against every external asset it bridges, which hardwires the token's value to protocol volume. RUNE perps consequently amplify swings in cross-chain swap activity, and funding can turn sharply around THORChain incident news in either direction.

Trading Tips for THORChain Perps

RUNE price is mechanically linked to THORChain's TVL through the protocol's deterministic value model. Track THORChain swap volume and pool depth — rising cross-chain activity directly increases RUNE demand. RUNE tends to outperform during multi-chain rally periods when users swap between ecosystems.

Where to Trade THORChain (RUNE) Perpetual Futures

THORChain (RUNE) perpetual futures are available on 9 exchanges. The venue cards compare fees, leverage, and features for trading RUNE perps.

Hyperliquid

Hyperliquid L1

Maker Fee

0.015%

Taker Fee

0.045%

Max Leverage

40x

Rating

9.2/10

Trade RUNE Review

dYdX

dYdX Chain (Cosmos)

Maker Fee

0.010%

Taker Fee

0.050%

Max Leverage

50x

Rating

9.0/10

Trade RUNE Review

Gains Network

Arbitrum, Base, Polygon, ApeChain, MegaETH, Solana

Position Fee

0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads

Max Leverage

1000x

Rating

8.0/10

Trade RUNE Review

Bluefin

Sui

Maker Fee

0.010%

Taker Fee

0.035%

Max Leverage

50x

Rating

8.0/10

Trade RUNE Review

SynFutures

Base

Maker Fee

0.010%

Taker Fee

0.020%

Max Leverage

100x

Rating

7.8/10

Trade RUNE Review

Orderly Network

NEAR, Arbitrum, Optimism, Base, Polygon, Ethereum, Mantle, Avalanche, Solana, SEI

Maker Fee

Free

Taker Fee

0.030%

Max Leverage

50x

Rating

7.8/10

Trade RUNE Review

DESK

Arbitrum, Base

Maker Fee

-0.010%

Taker Fee

0.017%

Max Leverage

1000x

Rating

7.8/10

Trade RUNE Review

Aevo

Aevo L2

Maker Fee

0.050%

Taker Fee

0.080%

Max Leverage

20x

Rating

7.5/10

Trade RUNE Review

Aster

BNB Chain

Maker Fee

Free

Taker Fee

0.040%

Max Leverage

100x

Rating

7.5/10

Trade RUNE Review

Frequently Asked Questions — THORChain (RUNE)

What is the current RUNE perpetual futures funding rate?▼

The live THORChain (RUNE) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists RUNE perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.

Which exchange has the lowest RUNE perp trading fees?▼

Among 8 tracked RUNE venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.

How does THORChain open interest compare across exchanges?▼

The THORChain (RUNE) open-interest chart shows the total value of outstanding RUNE derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.

What does the RUNE long/short ratio indicate?▼

The THORChain long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.

Where can I trade RUNE perpetual futures?▼

THORChain (RUNE) perps are listed on 9 exchanges, including Hyperliquid, dYdX, Gains Network, Bluefin, and SynFutures, plus 4 more. The "Where to Trade THORChain (RUNE) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

Category: DeFi · Data updates every 2 minutes · All rates shown are annualized

Funding Rates Open Interest Liquidations Fee Comparison Exchange Deals

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