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: Binance against Bitget−0.133%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$910.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 7 days+0.156%+$16 · spread now −0.133%, 7d avg −0.037%
Together, before fees+0.091%+$9 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 0.096% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.62910.0100pay 0.0100% / 8h2h 39m$1.5M$782K50x
ShortBinance RUNEUSDT0.62830.0100get 0.0100% / 8h2h 39m$4.8M$16.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.133% → −0.037%
−$9.58
Slippage, 4 orders
−$68.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$100.33
Costs to cover
0.908%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 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 Bitget live order book, 2 min ago3.17 bp22.0 bp −$22134.3 bp −$1,343doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.80 bp21.2 bp −$2165.8 bp −$658doesn'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-PERPETUAL0.0000%1h0.6285−0.095%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.162%$7$1412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6283−0.133%$4.8M$16.1M75x
Bybit RUNEUSDT+0.0100%8h0.6282−0.143%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6285−0.095%$623K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6282−0.143%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6282−0.143%$967K$364K50xas long as short
Bitget RUNEUSDTlong+0.0100%8h0.6291long leg$1.5M$782K50x
BingX RUNE-USDT+0.0100%8h0.6285−0.095%$58.7Mas long as short
Variational Omni RUNE+0.0100%8h0.6291−0.001%$185K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6281−0.167%$4K$154K10xas long as short
BloFin RUNE-USDT+0.0114%8h0.6277−0.223%$434K$207K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.653%$38K$30K25xas long as short
dYdX RUNE-USD+0.0827%1h0.6280−0.182%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0828%1h0.6291+0.005%$161K$312K20xas long as short
Hyperliquid RUNE+0.1470%1h0.6289−0.025%$1.8M$1.1M5xas long as short