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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.006%
Price spread now: Extended against BloFin+0.159%54s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.215%+$22 · spread now +0.159%, 7d avg −0.057%
Together, before fees+0.233%+ Points / potential airdropExtended: Active · farm board+$23 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: Extended is 0.216% dearer against BloFin than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.64360.0107pay 0.0107% / 8h7h 18m$327K$210K75x
ShortExtended RUNE-USD0.64460.0104get 0.0013% / 1h18m 12s$7K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$0.54
Price spread: +0.159% → −0.057%
$21.62
Slippage, 4 orders
−$61.97
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$57.89
Costs to cover
0.790%
Break-even
never at this rate
Slippage from BloFin: live order book, 49 min ago; Extended: live order book, 13 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 BloFin live order book, 49 min ago0.78 bp12.2 bp −$1231.3 bp −$313doesn't fitdoesn't fit
Sell Extended live order book, 13 min ago4.63 bp24.0 bp −$24179.9 bp −$1,799doesn'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%1h0.6155−4.366%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6447+0.174%$5.1M$16.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6442+0.093%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6458+0.342%$677K$382K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6443+0.109%$3.8M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6446+0.155%$999K$365K50xas long as short
Variational Omni RUNE+0.0100%8h0.6443+0.110%$187K$71Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6446+0.159%$7K$213K10x
BloFin RUNE-USDTlong+0.0107%8h0.6436long leg$327K$210K75x
BingX RUNE-USDT+0.0171%8h0.6453+0.264%$3.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0180%8h0.6455+0.295%$1.5M$801K50xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0215%1h0.6451+0.233%10xas long as short
dYdX RUNE-USD+0.0365%1h0.6429−0.116%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6453+0.264%$37K$29K25xas long as short
Hyperliquid RUNE+0.1203%1h0.6450+0.216%$1.8M$1.2M5xas long as short
Kraken Futures PF_RUNEUSD+0.1666%1h0.6451+0.232%$151K$313K20xas long as short