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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC+0.0632%/8h= +69.2% APRpaid last 24h +0.753%
Price spread now: dYdX against Binance−0.031%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 7 days+2.048%+$205 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 0.031% cheaper against Binance than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.66100.0100pay 0.0100% / 8h7h 12m$5.2M$13.2M75x
ShortdYdX RUNE-USD0.66080.0732get 0.0091% / 1h12m 15s$56K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$132.63
Price spread: −0.031% → 0.000%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$109.51
Costs to cover
0.200%
Break-even
1.2 days
Slippage unknown: Binance: live order book, 13 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.50 bp15.5 bp −$1660.7 bp −$607doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL−0.0052%1h0.6621+0.166%——10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.884%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6707+1.467%$40K$32K25xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6610long leg$5.2M$13.2M75x
Bybit RUNEUSDT+0.0100%8h0.6607−0.045%$3.0M$2.2M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6617+0.106%$667K$356K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6606−0.061%$3.3M$2.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6609−0.015%$936K$254K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6618+0.121%$1.6M$661K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6609−0.015%—$58.9M—as long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6628+0.279%$158K$34K—as long as short
Extended RUNE-USD+0.0104%1h0.6606−0.060%$4K$169K10xas long as short
BloFin RUNE-USDT+0.0117%8h0.6628+0.272%$485K$193K75xas long as short
Kraken Futures PF_RUNEUSD+0.0592%1h0.6634+0.358%$197K$246K20xas long as short
dYdX RUNE-USDshort+0.0732%1h0.6608−0.031%$56K$5K5x
Hyperliquid RUNE+0.1109%1h0.6622+0.185%$1.8M$999K5xas long as short