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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended+0.172%94s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.222%−$22 · spread now +0.172%, 7d avg +0.059%
Together, before fees−0.247%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.113% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63160.0104pay 0.0013% / 1h35m 29s$8K$148K10x
ShortBloFin RUNE-USDT0.63270.0104get 0.0104% / 8h1h 35m$437K$206K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$0.07
Price spread: +0.172% → +0.059%
$11.33
Slippage, 4 orders
−$67.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.17
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 42 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, 5 min ago4.19 bp26.5 bp −$27241.4 bp −$2,414doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago2.38 bp16.7 bp −$1745.6 bp −$456doesn'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-PERPETUAL0.0000%1h0.6318+0.030%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.551%$7$1412xas long as short
dYdX RUNE-USD+0.0089%1h0.6321+0.075%$27K$32K5xas long as short
Binance RUNEUSDT+0.0100%8h0.6319+0.044%$4.9M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6318+0.030%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6325+0.140%$626K$365K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6317+0.014%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6323+0.109%$975K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6328+0.188%$1.5M$787K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6320+0.061%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6321+0.083%$183K$70Kas long as short
BloFin RUNE-USDTshort+0.0104%8h0.6327+0.172%$437K$206K75x
Extended RUNE-USDlong+0.0104%1h0.6316long leg$8K$148K10x
Kraken Futures PF_RUNEUSD+0.0862%1h0.6321+0.076%$152K$303K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6361+0.710%$37K$29K25xas long as short
Hyperliquid RUNE+0.1552%1h0.6328+0.185%$1.8M$1.2M5xas long as short