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: MEXC against Bybit−0.031%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.031%, 7d avg +0.005%
Together, before fees−0.029%−$3 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: MEXC is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.64320.0100pay 0.0100% / 8h51m 56s$2.7M$1.7M75x
ShortMEXC RUNE_USDT0.64300.0100get 0.0100% / 8h51m 56s$3.4M$1.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.031% → +0.005%
−$3.63
Slippage, 4 orders
−$73.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$92.43
Costs to cover
0.888%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 10 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, 5 min ago3.89 bp35.8 bp −$3668.5 bp −$685doesn't fitdoesn't fit
Sell MEXC live order book, 10 min ago2.35 bp7.0 bp −$721.7 bp −$217109.8 bp −$11.0K229.0 bp −$114.5K

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−0.1303%1h0.6430−0.031%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6453+0.326%$37K$18K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.307%$7$2412xas long as short
BloFin RUNE-USDT+0.0076%8h0.6443+0.171%$448K$160K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6429−0.041%$4.8M$10.7M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6432long leg$2.7M$1.7M75x
Gate RUNE_USDT+0.0100%8h0.6433+0.016%$663K$310K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6430−0.031%$3.4M$1.7M125x
KuCoin RUNEUSDTM+0.0100%8h0.6431−0.016%$905K$208K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6435+0.047%$1.6M$532K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6429−0.047%$59.2Mas long as short
Variational Omni RUNE+0.0100%8h0.6418−0.216%$127K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6428−0.061%$4K$170K10xas long as short
Hyperliquid RUNE+0.0847%1h0.6446+0.215%$1.7M$900K5xas long as short
dYdX RUNE-USD+0.1522%1h0.6436+0.056%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1692%1h0.6439+0.103%$189K$229K20xas long as short