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: KuCoin against Gate−0.078%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2312.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.078%, 7d avg −0.097%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.63710.0100pay 0.0100% / 8h3h 56m$631K$367K50x
ShortKuCoin RUNEUSDTM0.63660.0100get 0.0100% / 8h3h 56m$914K$336K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → −0.097%
$1.84
Slippage, 4 orders
−$204.49
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$229.65
Costs to cover
2.315%
Break-even
never at this rate
Slippage from Gate: live order book, 59 min ago; KuCoin: live order book, 43 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, 59 min ago3.94 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 43 min ago4.74 bp45.5 bp −$45208.1 bp −$2,081doesn'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%1h0.6155−3.390%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0064%1h0.6368−0.047%10xas long as short
Binance RUNEUSDT+0.0100%8h0.6365−0.094%$4.9M$15.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6370−0.016%$2.9M$2.8M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6371long leg$631K$367K50x
MEXC RUNE_USDT+0.0100%8h0.6365−0.094%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6366−0.078%$914K$336K50x
Bitget RUNEUSDT+0.0100%8h0.6361−0.157%$1.6M$777K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6370−0.016%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6357−0.222%$187K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6360−0.174%$8K$169K10xas long as short
BloFin RUNE-USDT+0.0128%8h0.6362−0.141%$441K$195K75xas long as short
dYdX RUNE-USD+0.0377%1h0.6352−0.299%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6076−4.630%$36K$29K25xas long as short
Kraken Futures PF_RUNEUSD+0.0947%1h0.6376+0.082%$180K$290K20xas long as short
Hyperliquid RUNE+0.1480%1h0.6378+0.116%$1.8M$1.1M5xas long as short