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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.525%
Price spread now: dYdX against MEXC−0.056%47s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.082%+$208 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.056% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.082%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63330.0100pay 0.0100% / 8h1h 31m$3.4M$3.6M125x
ShortdYdX RUNE-USD0.63290.0079get 0.0010% / 1h31m 52s$27K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$4.33
Price spread: −0.056% → 0.000%
−$5.59
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$23.92
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.

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, 5 min ago0.79 bp7.0 bp −$718.2 bp −$182106.1 bp −$10.6K220.4 bp −$110.2K
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.6339+0.095%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.811%$7$1412xas long as short
dYdX RUNE-USDshort+0.0079%1h0.6329−0.056%$27K$32K5x
Binance RUNEUSDT+0.0100%8h0.6334+0.010%$4.9M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.63330.000%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6335+0.032%$627K$365K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6333long leg$3.4M$3.6M125x
KuCoin RUNEUSDTM+0.0100%8h0.6338+0.079%$977K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6331−0.032%$1.5M$784K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6335+0.032%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6321−0.183%$183K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6330−0.043%$8K$125K10xas long as short
BloFin RUNE-USDT+0.0106%8h0.6335+0.032%$435K$205K75xas long as short
Kraken Futures PF_RUNEUSD+0.0860%1h0.6339+0.090%$151K$310K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6361+0.442%$37K$29K25xas long as short
Hyperliquid RUNE+0.1513%1h0.6343+0.156%$1.8M$1.2M5xas long as short