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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1493%/8h= −163.5% APRnext payment $1.87 per $10,000 · paid last 24h −0.776%
Price spread now: Injective against dYdX−3.553%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 7 days−2.032%−$203 on $10k
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 −$45 a day on $10k at the current rate, and Injective is 3.553% cheaper against dYdX than usual: you would sell low and buy high (−$355 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63820.1526pay 0.0191% / 1h29m 54s$54K$4K5x
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h29m 54s$7$2412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against dYdX. 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
−$313.49
Price spread: −3.553% → 0.000%
−$355.3
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$678.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: no order-book sample. 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 dYdX no order-book sample
Sell Injective no order-book sample
dYdX and Injective: 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-PERPETUAL−0.1156%1h0.6391+0.145%10xas long as short
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−3.553%$7$2412x
BloFin RUNE-USDT+0.0073%8h0.6386+0.067%$446K$150K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6388+0.099%$4.7M$9.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6386+0.067%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6390+0.129%$658K$290K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6390+0.129%$2.8M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6386+0.067%$911K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6396+0.223%$1.6M$467K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6390+0.129%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6379−0.040%$126K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6387+0.078%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6406+0.380%$38K$16K25xas long as short
Hyperliquid RUNE+0.0386%1h0.6400+0.292%$1.7M$857K5xas long as short
dYdX RUNE-USDlong+0.1526%1h0.6382long leg$54K$4K5x
Kraken Futures PF_RUNEUSD+0.2397%1h0.6409+0.426%$177K$214K20xas long as short