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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0623%/8h= +68.3% APRpaid last 24h
Price spread now: Gate against Deribit0.000%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit RUNE_USDC-PERPETUAL0.6460−0.0523get 0.0065% / 1h31m 29s10x
ShortGate RUNE_USDT0.64600.0100get 0.0100% / 8h31m 29s$665K$313K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Deribit. 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
$130.91
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$108.91
Costs to cover
0.220%
Break-even
1.2 days
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 45 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 Deribit no order-book sample
Sell Gate live order book, 45 min ago3.89 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit
Deribit: 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
Deribit RUNE_USDC-PERPETUALlong−0.0523%1h0.6460long leg10x
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6468+0.124%$42K$28K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.721%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6457−0.046%$4.9M$10.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6453−0.108%$2.7M$1.7M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.64600.000%$665K$313K50x
MEXC RUNE_USDT+0.0100%8h0.6459−0.015%$3.3M$1.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6456−0.062%$897K$211K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6465+0.077%$1.6M$540K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6459−0.015%$59.1Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6446−0.213%$127K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6459−0.018%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0111%8h0.6451−0.139%$453K$161K75xas long as short
Hyperliquid RUNE+0.1050%1h0.6472+0.189%$1.7M$907K5xas long as short
dYdX RUNE-USD+0.1395%1h0.6452−0.118%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1683%1h0.6470+0.161%$190K$230K20xas long as short