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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.063%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$710.713% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$7 on $10k
Price spread, last 7 days−0.092%−$9 · spread now +0.063%, 7d avg −0.011%
Together, before fees−0.166%−$17 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: Binance is 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63700.0100pay 0.0100% / 8h2h 55m$59.0M
ShortBinance RUNEUSDT0.63740.0100get 0.0100% / 8h2h 55m$4.7M$9.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.063% → −0.011%
$7.33
Slippage, 4 orders
−$51.28
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$63.94
Costs to cover
0.713%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: live order book, 14 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 BingX live order book, 13 min ago3.96 bp14.9 bp −$1544.3 bp −$443363.9 bp −$36.4K504.0 bp −$252.0K
Sell Binance live order book, 14 min ago0.79 bp20.2 bp −$2064.4 bp −$644doesn'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
Deribit RUNE_USDC-PERPETUAL−0.1009%1h0.6346−0.377%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.375%$7$2412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6374+0.063%$4.7M$9.5M75x
Bybit RUNEUSDT+0.0100%8h0.6373+0.047%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6373+0.047%$657K$286K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6372+0.031%$2.6M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6364−0.094%$908K$192K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6376+0.094%$1.6M$459K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6370long leg$59.0M
Variational Omni RUNE+0.0100%8h0.6344−0.409%$125K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6371+0.019%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0126%8h0.6350−0.314%$443K$128K75xas long as short
Hyperliquid RUNE+0.0333%1h0.6378+0.122%$1.6M$861K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6365−0.078%$38K$16K25xas long as short
dYdX RUNE-USD+0.1618%1h0.6352−0.284%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2415%1h0.6361−0.142%$176K$213K20xas long as short