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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC+0.050%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.050%, 7d avg −0.035%
Together, before fees+0.121%+ Points / potential airdropExtended: Active · farm board+$12 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 0.085% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.64100.0100pay 0.0100% / 8h2h 25m$3.1M$1.5M125x
ShortExtended RUNE-USD0.64130.0104get 0.0013% / 1h25m 53s$4K$170K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.050% → −0.035%
$8.47
Slippage, 4 orders
−$60.59
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$60.28
Costs to cover
0.696%
Break-even
509.3 days
Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 60 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, 1 min ago1.56 bp8.6 bp −$924.3 bp −$243102.3 bp −$10.2K214.4 bp −$107.2K
Sell Extended live order book, 60 min ago3.87 bp24.5 bp −$24209.5 bp −$2,095doesn'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−0.1305%1h0.6420+0.156%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.978%$7$2412xas long as short
BloFin RUNE-USDT+0.0084%8h0.6419+0.140%$448K$151K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6413+0.045%$4.8M$9.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.64100.000%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6414+0.062%$661K$291K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6410long leg$3.1M$1.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.6412+0.031%$914K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6421+0.172%$1.6M$469K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6414+0.062%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6379−0.480%$126K$9Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6413+0.050%$4K$170K10x
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6406−0.062%$38K$16K25xas long as short
Hyperliquid RUNE+0.0417%1h0.6423+0.209%$1.7M$857K5xas long as short
dYdX RUNE-USD+0.1711%1h0.6408−0.026%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2389%1h0.6432+0.337%$178K$214K20xas long as short