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: KuCoin against MEXC+0.078%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1401.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.078%, 7d avg −0.035%
Together, before fees−0.101%−$10 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: KuCoin is 0.113% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63940.0100pay 0.0100% / 8h19m 37s$3.9M$3.8M125x
ShortKuCoin RUNEUSDTM0.63990.0100get 0.0100% / 8h19m 37s$991K$361K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.078% → −0.035%
$11.33
Slippage, 4 orders
−$124.37
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$129.05
Costs to cover
1.404%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 65 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, 3 min ago1.57 bp8.1 bp −$821.5 bp −$215107.4 bp −$10.7K236.8 bp −$118.4K
Sell KuCoin live order book, 65 min ago7.06 bp38.7 bp −$39223.9 bp −$2,239doesn'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%1h0.6155−3.738%$7$1412xas long as short
BloFin RUNE-USDT+0.0082%8h0.6380−0.219%$443K$209K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6395+0.016%$5.0M$16.3M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6392−0.031%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6399+0.078%$666K$390K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6394long leg$3.9M$3.8M125x
KuCoin RUNEUSDTMshort+0.0100%8h0.6399+0.078%$991K$361K50x
Variational Omni RUNE+0.0100%8h0.6381−0.205%$184K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6393−0.012%$4K$206K10xas long as short
Bitget RUNEUSDT+0.0106%8h0.6404+0.156%$1.6M$775K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0106%8h0.6395+0.016%$58.7Mas long as short
dYdX RUNE-USD+0.0237%1h0.6388−0.097%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0376%1h0.6397+0.047%10xas long as short
Kraken Futures PF_RUNEUSD+0.0767%1h0.6400+0.086%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6423+0.454%$37K$29K25xas long as short
Hyperliquid RUNE+0.1434%1h0.6402+0.119%$1.8M$1.1M5xas long as short