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: Gate against MEXC0.000%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1391.389% 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)−0.028%−$3 · spread now 0.000%, 7d avg +0.057%
Together, before fees+0.038%+$4 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: Gate is 0.057% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63540.0100pay 0.0100% / 8h4h 02m$3.5M$3.5M125x
ShortGate RUNE_USDT0.63540.0100get 0.0100% / 8h4h 02m$630K$370K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: 0.000% → +0.057%
−$5.7
Slippage, 4 orders
−$119.94
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$144.63
Costs to cover
1.389%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 54 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, 5 min ago0.79 bp6.8 bp −$717.0 bp −$170105.9 bp −$10.6K237.0 bp −$118.5K
Sell Gate live order book, 54 min ago3.94 bp60.5 bp −$61doesn't fitdoesn'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
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.132%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0065%1h0.6356+0.031%10xas long as short
Binance RUNEUSDT+0.0100%8h0.63540.000%$4.8M$15.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.63540.000%$2.8M$2.8M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.63540.000%$630K$370K50x
MEXC RUNE_USDTlong+0.0100%8h0.6354long leg$3.5M$3.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.63540.000%$912K$334K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6366+0.189%$1.6M$776K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6357+0.047%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6344−0.159%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6354+0.002%$8K$169K10xas long as short
BloFin RUNE-USDT+0.0118%8h0.6357+0.047%$441K$195K75xas long as short
dYdX RUNE-USD+0.0202%1h0.6335−0.294%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.504%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0985%1h0.6365+0.179%$179K$288K20xas long as short
Hyperliquid RUNE+0.1851%1h0.6363+0.135%$1.8M$1.1M5xas long as short