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: Gate against BingX−0.031%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1621.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.031%, 7d avg +0.030%
Together, before fees−0.006%−$1 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: Gate is 0.062% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63520.0100pay 0.0100% / 8h3h 32m$58.9M
ShortGate RUNE_USDT0.63500.0100get 0.0100% / 8h3h 32m$629K$369K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.031% → +0.030%
−$6.2
Slippage, 4 orders
−$137.17
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$168.37
Costs to cover
1.622%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 18 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, 6 min ago3.94 bp20.2 bp −$2047.5 bp −$475370.6 bp −$37.1K504.6 bp −$252.3K
Sell Gate live order book, 18 min ago3.14 bp51.4 bp −$51doesn't fitdoesn'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%1h0.6155−3.101%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6349−0.047%$4.8M$15.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6348−0.063%$2.9M$2.8M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6350−0.031%$629K$369K50x
MEXC RUNE_USDT+0.0100%8h0.6350−0.031%$3.4M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6347−0.079%$980K$360K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6361+0.142%$1.5M$775K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6352long leg$58.9M
Variational Omni RUNE+0.0100%8h0.6342−0.151%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6348−0.063%$4K$169K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0121%8h0.6351−0.016%$442K$193K75xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0223%1h0.6349−0.047%10xas long as short
dYdX RUNE-USD+0.0344%1h0.6336−0.246%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6395+0.677%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0951%1h0.6353+0.014%$166K$310K20xas long as short
Hyperliquid RUNE+0.1612%1h0.6359+0.105%$1.8M$1.1M5xas long as short