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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.066%
Price spread now: MEXC against Coinbase International−0.610%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.610% cheaper against Coinbase International than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International RUNE-PERP-INTX0.63950.0680pay 0.0085% / 1h30m 57s$38K$30K25x
ShortMEXC RUNE_USDT0.63560.0100get 0.0100% / 8h3h 30m$3.4M$3.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Coinbase International. 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
−$121.8
Price spread: −0.610% → 0.000%
−$60.99
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$196.79
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; MEXC: live order book, 1 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 Coinbase International no order-book sample
Sell MEXC live order book, 1 min ago0.79 bp7.6 bp −$845.2 bp −$452112.1 bp −$11.2K238.9 bp −$119.5K
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.6155−3.753%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6356−0.610%$4.8M$15.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6354−0.641%$2.9M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6357−0.594%$630K$369K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6356−0.610%$3.4M$3.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.6355−0.625%$981K$360K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6356−0.610%$1.5M$775K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6355−0.625%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6357−0.588%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6355−0.624%$4K$169K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0119%8h0.6354−0.641%$443K$194K75xas long as short
dYdX RUNE-USD+0.0376%1h0.6336−0.917%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0537%1h0.6356−0.610%10xas long as short
Coinbase International RUNE-PERP-INTXlong+0.0680%1h0.6395long leg$38K$30K25x
Kraken Futures PF_RUNEUSD+0.0949%1h0.6363−0.508%$166K$310K20xas long as short
Hyperliquid RUNE+0.1631%1h0.6365−0.474%$1.8M$1.1M5xas long as short