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: KuCoin against BingX−0.063%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1551.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.063%, 7d avg −0.064%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63970.0100pay 0.0100% / 8h2h 23m$59.0M
ShortKuCoin RUNEUSDTM0.63930.0100get 0.0100% / 8h2h 23m$912K$190K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → −0.064%
$0.13
Slippage, 4 orders
−$132.88
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$154.75
Costs to cover
1.549%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 60 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, 11 min ago6.27 bp21.5 bp −$2151.6 bp −$516343.2 bp −$34.3K494.4 bp −$247.2K
Sell KuCoin live order book, 60 min ago6.31 bp53.6 bp −$54149.6 bp −$1,496doesn'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−0.1622%1h0.6399+0.031%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.783%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6393−0.060%$4.7M$9.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6394−0.047%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6403+0.094%$659K$291K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6391−0.094%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6393−0.063%$912K$190K50x
Bitget RUNEUSDT+0.0100%8h0.6403+0.094%$1.6M$470K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6397long leg$59.0M
Variational Omni RUNE+0.0100%8h0.6401+0.067%$126K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6392−0.075%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0124%8h0.6402+0.078%$447K$153K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6425+0.438%$38K$16K25xas long as short
Hyperliquid RUNE+0.0410%1h0.6410+0.209%$1.7M$858K5xas long as short
dYdX RUNE-USD+0.1728%1h0.6387−0.161%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2393%1h0.6419+0.344%$177K$214K20xas long as short