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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.058%
Price spread now: Coinbase International against Variational Omni+0.012%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RUNE0.64500.0100pay 0.0100% / 8h30m 01s$127K$8K
ShortCoinbase International RUNE-PERP-INTX0.64510.0024get 0.0003% / 1h30m 01s$41K$28K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
−$15.96
Price spread: +0.012% → 0.000%
$1.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$24.81
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 49 min ago; Coinbase International: 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 Variational Omni RFQ quote, 49 min ago7.03 bpdoesn't fit71.1 bp −$711doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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-PERPETUAL−0.0679%1h0.6452+0.027%10xas long as short
Coinbase International RUNE-PERP-INTXshort+0.0024%1h0.6451+0.012%$41K$28K25x
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.577%$7$2412xas long as short
BloFin RUNE-USDT+0.0075%8h0.6450−0.004%$454K$161K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6451+0.019%$4.9M$10.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6450−0.004%$2.7M$1.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6454+0.058%$664K$314K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6450−0.004%$3.3M$1.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6456+0.089%$897K$211K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6457+0.105%$1.6M$540K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6457+0.105%$59.1Mas long as short
Variational Omni RUNElong+0.0100%8h0.6450long leg$127K$8K
Extended RUNE-USD+0.0104%1h0.6450−0.010%$4K$170K10xas long as short
Hyperliquid RUNE+0.1048%1h0.6468+0.267%$1.7M$907K5xas long as short
dYdX RUNE-USD+0.1424%1h0.6460+0.145%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1684%1h0.6466+0.249%$190K$230K20xas long as short