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: BingX against Bitget−0.143%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1051.050% 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 7 days+0.166%+$17 · spread now −0.143%, 7d avg −0.022%
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: BingX is 0.120% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.62960.0100pay 0.0100% / 8h6h 09m$1.5M$769K50x
ShortBingX RUNE-USDT0.62870.0100get 0.0100% / 8h6h 09m$59.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.143% → −0.022%
−$12.05
Slippage, 4 orders
−$82.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$117.04
Costs to cover
1.050%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 15 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 ago5.55 bp30.4 bp −$30154.8 bp −$1,548doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago5.52 bp24.0 bp −$2455.8 bp −$558320.7 bp −$32.1K493.4 bp −$246.7K

RUNE on 15 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%1h0.6291−0.079%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.240%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6285−0.175%$4.8M$15.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6283−0.206%$2.8M$2.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6286−0.159%$631K$375K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6287−0.143%$3.7M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6281−0.238%$896K$320K50xas long as short
Bitget RUNEUSDTlong+0.0100%8h0.6296long leg$1.5M$769K50x
BingX RUNE-USDTshort+0.0100%8h0.6287−0.143%$59.0M
Variational Omni RUNE+0.0100%8h0.6303+0.110%$185K$69Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6286−0.165%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0104%1h0.6327+0.492%$37K$31K25xas long as short
dYdX RUNE-USD+0.0590%1h0.6278−0.290%$37K$22K5xas long as short
Hyperliquid RUNE+0.0823%1h0.6299+0.052%$1.7M$1.1M5xas long as short
Kraken Futures PF_RUNEUSD+0.1770%1h0.6310+0.220%$182K$283K20xas long as short