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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.167%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1771.767% 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)+0.282%+$28 · spread now −0.167%, 7d avg +0.002%
Together, before fees+0.234%+ Points / potential airdropExtended: Active · farm board+$23 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: Extended is 0.169% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RUNEUSDTM0.63950.0100pay 0.0100% / 8h39m 31s$991K$365K50x
ShortExtended RUNE-USD0.63840.0104get 0.0013% / 1h39m 31s$4K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
$0.84
Price spread: −0.167% → +0.002%
−$16.87
Slippage, 4 orders
−$159.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$192.78
Costs to cover
1.767%
Break-even
1613.5 days
Slippage from KuCoin: live order book, 45 min ago; Extended: live order book, 61 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 KuCoin live order book, 45 min ago7.06 bp85.9 bp −$86229.9 bp −$2,299doesn't fitdoesn't fit
Sell Extended live order book, 61 min ago4.19 bp25.7 bp −$26205.6 bp −$2,056doesn'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%1h0.6393−0.031%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.753%$7$1412xas long as short
BloFin RUNE-USDT+0.0087%8h0.6396+0.016%$440K$210K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6386−0.134%$5.0M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6389−0.094%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6401+0.094%$637K$370K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6388−0.109%$3.9M$3.7M125xas long as short
KuCoin RUNEUSDTMlong+0.0100%8h0.6395long leg$991K$365K50x
BingX RUNE-USDT+0.0100%8h0.6390−0.078%$58.7Mas long as short
Variational Omni RUNE+0.0100%8h0.6395+0.004%$185K$70Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0101%8h0.6400+0.078%$1.6M$771K50xas long as short
Extended RUNE-USDshort+0.0104%1h0.6384−0.167%$4K$208K10x
dYdX RUNE-USD+0.0234%1h0.6384−0.166%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0767%1h0.6395+0.006%$148K$321K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6430+0.547%$37K$29K25xas long as short
Hyperliquid RUNE+0.1433%1h0.6395+0.005%$1.8M$1.1M5xas long as short