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+0.0056%/8h= +6.1% APRpaid last 24h −0.630%
Price spread now: KuCoin against dYdX+0.144%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 7 days−2.003%−$200 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.144% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.003%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63500.0044pay 0.0006% / 1h23m 17s$27K$32K5x
ShortKuCoin RUNEUSDTM0.63590.0100get 0.0100% / 8h4h 23m$913K$335K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$11.7
Price spread: +0.144% → 0.000%
$14.4
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$4.09
Costs to cover
0.220%
Break-even
4.5 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 16 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 dYdX no order-book sample
Sell KuCoin live order book, 16 min ago4.74 bp45.5 bp −$45208.1 bp −$2,081doesn't fitdoesn't fit
dYdX: 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%1h0.6155−3.069%$7$1412xas long as short
dYdX RUNE-USDlong+0.0044%1h0.6350long leg$27K$32K5x
Deribit RUNE_USDC-PERPETUAL+0.0065%1h0.6357+0.112%10xas long as short
Binance RUNEUSDT+0.0100%8h0.6355+0.081%$4.8M$15.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6359+0.144%$2.9M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6353+0.049%$630K$369K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6356+0.097%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6359+0.144%$913K$335K50x
Bitget RUNEUSDT+0.0100%8h0.6365+0.238%$1.6M$775K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6359+0.144%$58.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6352+0.039%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6354+0.070%$4K$164K10xas long as short
BloFin RUNE-USDT+0.0129%8h0.6361+0.175%$445K$195K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.569%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0986%1h0.6362+0.198%$179K$288K20xas long as short
Hyperliquid RUNE+0.1760%1h0.6366+0.250%$1.8M$1.1M5xas long as short