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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.132%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1771.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.132%, 7d avg −0.034%
Together, before fees−0.268%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.165% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63110.0100pay 0.0100% / 8h2h 54m$4.8M$16.0M75x
ShortKuCoin RUNEUSDTM0.63190.0100get 0.0100% / 8h2h 54m$974K$363K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.132% → −0.034%
$16.51
Slippage, 4 orders
−$155.23
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$160.72
Costs to cover
1.772%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 40 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, 16 min ago1.58 bp19.4 bp −$1963.5 bp −$635doesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago6.30 bp43.7 bp −$44207.7 bp −$2,077doesn'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%1h0.6155−2.467%$7$1412xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6311long leg$4.8M$16.0M75x
Bybit RUNEUSDT+0.0100%8h0.6313+0.036%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6319+0.132%$626K$365K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6311+0.005%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6319+0.132%$974K$363K50x
Bitget RUNEUSDT+0.0100%8h0.6324+0.211%$1.5M$776K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6320+0.147%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6327+0.265%$186K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6306−0.075%$4K$154K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0129%8h0.6315+0.068%$436K$210K75xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0225%1h0.6317+0.100%10xas long as short
dYdX RUNE-USD+0.0595%1h0.6316+0.091%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.336%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0823%1h0.6322+0.183%$163K$311K20xas long as short
Hyperliquid RUNE+0.1650%1h0.6325+0.233%$1.8M$1.1M5xas long as short