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 MEXC−0.031%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.063%+$6 · spread now −0.031%, 7d avg −0.005%
Together, before fees+0.091%+$9 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 0.026% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.64290.0100pay 0.0100% / 8h1h 38m$3.4M$1.7M125x
ShortBybit RUNEUSDT0.64270.0100get 0.0100% / 8h1h 38m$2.7M$1.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: −0.031% → −0.005%
−$2.59
Slippage, 4 orders
−$73.66
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$91.24
Costs to cover
0.887%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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 MEXC live order book, 4 min ago2.33 bp9.4 bp −$942.5 bp −$425109.3 bp −$10.9K221.6 bp −$110.8K
Sell Bybit live order book, 4 min ago3.88 bp34.6 bp −$3567.3 bp −$673doesn'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−0.1146%1h0.6437+0.124%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.262%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6430+0.008%$4.8M$10.3M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6427−0.031%$2.7M$1.6M75x
Gate RUNE_USDT+0.0100%8h0.6433+0.062%$662K$297K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6429long leg$3.4M$1.7M125x
KuCoin RUNEUSDTM+0.0100%8h0.6432+0.047%$907K$196K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6435+0.093%$1.6M$491K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6431+0.031%$59.1Mas long as short
Variational Omni RUNE+0.0100%8h0.6428−0.019%$127K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6434+0.075%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0109%8h0.6424−0.078%$449K$156K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6455+0.404%$38K$16K25xas long as short
Hyperliquid RUNE+0.0788%1h0.6436+0.115%$1.7M$867K5xas long as short
dYdX RUNE-USD+0.1521%1h0.6433+0.065%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2128%1h0.6440+0.164%$178K$218K20xas long as short