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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.24 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against BloFin+0.270%7-day average −0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.270%, 7d avg −0.074%
Together, before fees−0.176%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.344% dearer against BloFin than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of −0.074%): +$34 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 48 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.63810.0124pay 0.0124% / 8h42m 32s$439K$209K75x
ShortVariational Omni RUNE0.63980.0100get 0.0100% / 8h42m 32s$185K$70K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$5.05
Price spread: +0.270% → −0.074%
$34.43
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$17.37
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 29 min ago; Variational Omni: RFQ quote, 61 min ago. Net counts fees only.

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, 29 min ago2.36 bp15.5 bp −$1637.9 bp −$379doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 61 min ago3.94 bpdoesn't fit149.0 bp −$1,490doesn'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%1h0.6386+0.078%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.542%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6396+0.233%$5.0M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6396+0.235%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6398+0.266%$636K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6394+0.204%$3.8M$3.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6392+0.172%$990K$365K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6401+0.313%$1.6M$771K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6398+0.266%$58.7Mas long as short
Variational Omni RUNEshort+0.0100%8h0.6398+0.270%$185K$70K
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6392+0.173%$4K$208K10xas long as short
BloFin RUNE-USDTlong+0.0124%8h0.6381long leg$439K$209K75x
dYdX RUNE-USD+0.0234%1h0.6384+0.053%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0768%1h0.6392+0.169%$148K$321K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6430+0.768%$37K$29K25xas long as short
Hyperliquid RUNE+0.1460%1h0.6391+0.165%$1.8M$1.1M5xas long as short