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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.016%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.016%, 7d avg −0.059%
Together, before fees+0.194%+$19 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: Bybit is 0.043% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.63730.0100pay 0.0100% / 8h2h 16m$656K$292K50x
ShortBybit RUNEUSDT0.63720.0100get 0.0100% / 8h2h 16m$2.7M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.016% → −0.059%
$4.3
Slippage, 4 orders
−$129.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$151.54
Costs to cover
1.558%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago5.47 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.35 bp38.5 bp −$3868.1 bp −$681doesn'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−0.2097%1h0.6377+0.063%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.421%$7$2412xas long as short
BloFin RUNE-USDT+0.0090%8h0.6389+0.251%$452K$153K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6373+0.008%$4.7M$9.9M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6372−0.016%$2.7M$1.5M75x
Gate RUNE_USDTlong+0.0100%8h0.6373long leg$656K$292K50x
MEXC RUNE_USDT+0.0100%8h0.6375+0.031%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6377+0.063%$909K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6374+0.016%$1.6M$472K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6382+0.141%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6385+0.183%$126K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6375+0.034%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6425+0.816%$38K$16K25xas long as short
Hyperliquid RUNE+0.0466%1h0.6390+0.265%$1.6M$858K5xas long as short
dYdX RUNE-USD+0.1813%1h0.6381+0.128%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2403%1h0.6394+0.335%$177K$214K20xas long as short