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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.010%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$890.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.010%, 7d avg +0.028%
Together, before fees+0.014%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63890.0104pay 0.0013% / 1h44m 50s$4K$170K10x
ShortBinance RUNEUSDT0.63900.0100get 0.0100% / 8h2h 44m$4.7M$9.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.010% → +0.028%
−$1.86
Slippage, 4 orders
−$73.51
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$91.2
Costs to cover
0.885%
Break-even
never at this rate
Slippage from Extended: live order book, 41 min ago; Binance: 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 Extended live order book, 41 min ago3.87 bp27.4 bp −$27230.8 bp −$2,308doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.58 bp20.6 bp −$2167.3 bp −$673doesn't fitdoesn't fit

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−0.0999%1h0.6396+0.103%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.668%$7$2412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6390+0.010%$4.7M$9.6M75x
Bybit RUNEUSDT+0.0100%8h0.6370−0.303%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6392+0.041%$658K$288K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6389−0.006%$2.6M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6389−0.006%$911K$191K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6378−0.178%$1.6M$459K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6390+0.010%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6361−0.444%$125K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USDlong+0.0104%1h0.6389long leg$4K$170K10x
BloFin RUNE-USDT+0.0129%8h0.6394+0.072%$446K$129K75xas long as short
Hyperliquid RUNE+0.0300%1h0.6388−0.028%$1.6M$857K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6380−0.147%$38K$16K25xas long as short
dYdX RUNE-USD+0.1785%1h0.6391+0.033%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2401%1h0.6400+0.160%$177K$213K20xas long as short