Settings8H · net · $10k
Funding arb · Price arb /

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.141%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$810.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 7 days−0.091%−$9 · spread now +0.141%, 7d avg +0.041%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.100% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.64060.0100pay 0.0100% / 8h14m 33s$5.0M$16.3M75x
ShortBitget RUNEUSDT0.64150.0116get 0.0116% / 8h14m 33s$1.6M$776K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.36
Price spread: +0.141% → +0.041%
$9.98
Slippage, 4 orders
−$58.81
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.46
Costs to cover
0.808%
Break-even
147.6 days
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.78 bp18.5 bp −$1963.9 bp −$639doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.34 bp24.0 bp −$24115.1 bp −$1,151doesn't fitdoesn't fit

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.918%$7$1412xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6406long leg$5.0M$16.3M75x
Bybit RUNEUSDT+0.0100%8h0.6407+0.016%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6413+0.109%$667K$390K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6409+0.047%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6399−0.109%$991K$361K50xas long as short
Variational Omni RUNE+0.0100%8h0.6394−0.187%$185K$70Kas long as short
BloFin RUNE-USDT+0.0103%8h0.6404−0.031%$443K$210K75xas long as short
Extended RUNE-USD+0.0104%1h0.6407+0.020%$8K$210K10xas long as short
BingX RUNE-USDT+0.0106%8h0.6412+0.094%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDTshort+0.0116%8h0.6415+0.141%$1.6M$776K50x
Deribit RUNE_USDC-PERPETUAL+0.0375%1h0.6402−0.062%10xas long as short
dYdX RUNE-USD+0.0392%1h0.6391−0.230%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0766%1h0.6405−0.013%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6425+0.297%$37K$30K25xas long as short
Hyperliquid RUNE+0.1435%1h0.6415+0.138%$1.8M$1.2M5xas long as short