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: MEXC against Gate−0.142%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1441.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.142%, 7d avg −0.057%
Together, before fees+0.133%+$13 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: MEXC is 0.086% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.63310.0100pay 0.0100% / 8h4h 51m$627K$366K50x
ShortMEXC RUNE_USDT0.63220.0100get 0.0100% / 8h4h 51m$3.6M$3.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.142% → −0.057%
−$8.56
Slippage, 4 orders
−$124.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$152.13
Costs to cover
1.436%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 5 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 ago3.94 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.36 bp10.4 bp −$1057.2 bp −$572115.7 bp −$11.6K240.6 bp −$120.3K

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%1h0.6332+0.016%10xas long as short
dYdX RUNE-USD+0.0006%1h0.6328−0.041%$27K$32K5xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.780%$7$1412xas long as short
BloFin RUNE-USDT+0.0077%8h0.6347+0.253%$450K$194K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6322−0.141%$4.8M$15.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6322−0.142%$2.8M$2.8M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6331long leg$627K$366K50x
MEXC RUNE_USDTshort+0.0100%8h0.6322−0.142%$3.6M$3.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.6328−0.047%$919K$330K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.63310.000%$1.5M$771K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6324−0.111%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6345+0.228%$186K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6318−0.200%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6381+0.790%$37K$31K25xas long as short
Kraken Futures PF_RUNEUSD+0.0991%1h0.6332+0.018%$181K$286K20xas long as short
Hyperliquid RUNE+0.1631%1h0.6334+0.044%$1.7M$1.0M5xas long as short