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: Binance against Bybit+0.035%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.035%, 7d avg +0.005%
Together, before fees−0.098%−$10 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 0.031% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63760.0100pay 0.0100% / 8h2h 43m$2.7M$1.5M75x
ShortBinance RUNEUSDT0.63780.0100get 0.0100% / 8h2h 43m$4.7M$9.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.035% → +0.005%
$3.06
Slippage, 4 orders
−$95.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$113.71
Costs to cover
1.168%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 11 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 Bybit live order book, 3 min ago4.72 bp40.0 bp −$4073.1 bp −$731doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.58 bp20.6 bp −$2167.3 bp −$673doesn'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−0.1158%1h0.6381+0.078%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.466%$7$2412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6378+0.035%$4.7M$9.6M75x
Bybit RUNEUSDTlong+0.0100%8h0.6376long leg$2.7M$1.5M75x
Gate RUNE_USDT+0.0100%8h0.6381+0.078%$657K$288K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6379+0.047%$2.6M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6380+0.063%$910K$191K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6386+0.157%$1.6M$460K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6379+0.047%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6361−0.235%$125K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6379+0.053%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0129%8h0.6394+0.282%$446K$129K75xas long as short
Hyperliquid RUNE+0.0259%1h0.6391+0.237%$1.6M$857K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6380+0.063%$38K$16K25xas long as short
dYdX RUNE-USD+0.1812%1h0.6375−0.019%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2403%1h0.6392+0.257%$177K$213K20xas long as short