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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.078%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1711.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.078%, 7d avg −0.063%
Together, before fees+0.063%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.64130.0100pay 0.0100% / 8h14m 41s$667K$390K50x
ShortBinance RUNEUSDT0.64080.0100get 0.0100% / 8h14m 41s$5.0M$16.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
Price spread: −0.078% → −0.063%
−$1.51
Slippage, 4 orders
−$146.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$173.01
Costs to cover
1.715%
Break-even
never at this rate
Slippage from Gate: live order book, 22 min ago; Binance: live order book, 11 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 Gate live order book, 22 min ago3.91 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.78 bp16.4 bp −$1659.5 bp −$595doesn'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
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.023%$7$1412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6408−0.078%$5.0M$16.3M75x
Bybit RUNEUSDT+0.0100%8h0.6407−0.094%$2.9M$2.9M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6413long leg$667K$390K50x
MEXC RUNE_USDT+0.0100%8h0.6409−0.062%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6399−0.218%$991K$361K50xas long as short
Variational Omni RUNE+0.0100%8h0.6394−0.296%$185K$70Kas long as short
BloFin RUNE-USDT+0.0103%8h0.6404−0.140%$443K$210K75xas long as short
Extended RUNE-USD+0.0104%1h0.6407−0.090%$8K$210K10xas long as short
BingX RUNE-USDT+0.0106%8h0.6412−0.016%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0116%8h0.6415+0.031%$1.6M$776K50xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0375%1h0.6402−0.172%10xas long as short
dYdX RUNE-USD+0.0392%1h0.6391−0.339%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0766%1h0.6405−0.122%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6425+0.187%$37K$30K25xas long as short
Hyperliquid RUNE+0.1435%1h0.6414+0.016%$1.8M$1.2M5xas long as short