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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Variational Omni+0.514%7-day average +0.023% · 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)+0.012%+$1 on $10k
Price spread, last 3 days (all we have)−0.813%−$81 · spread now +0.514%, 7d avg +0.023%
Together, before fees−0.801%+ Points / potential airdropVariational Omni: Active · farm board−$80 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 0.491% dearer against Variational Omni than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RUNE0.63790.0100pay 0.0100% / 8h2h 25m$126K$9K
ShortKuCoin RUNEUSDTM0.64120.0100get 0.0100% / 8h2h 25m$914K$190K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.514% → +0.023%
$49.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$37.14
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; KuCoin: live order book, 58 min ago. 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, 63 min ago7.08 bpdoesn't fit70.0 bp −$700doesn't fitdoesn't fit
Sell KuCoin live order book, 58 min ago6.31 bp53.6 bp −$54149.6 bp −$1,496doesn'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+0.639%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.515%$7$2412xas long as short
BloFin RUNE-USDT+0.0084%8h0.6419+0.624%$448K$151K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6412+0.508%$4.8M$9.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6409+0.467%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6415+0.561%$661K$291K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6410+0.483%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6412+0.514%$914K$190K50x
Bitget RUNEUSDT+0.0100%8h0.6419+0.624%$1.6M$470K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6414+0.545%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNElong+0.0100%8h0.6379long leg$126K$9K
Extended RUNE-USD+0.0104%1h0.6413+0.533%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6406+0.420%$38K$16K25xas long as short
Hyperliquid RUNE+0.0418%1h0.6422+0.669%$1.7M$857K5xas long as short
dYdX RUNE-USD+0.1745%1h0.6408+0.456%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2389%1h0.6432+0.821%$178K$214K20xas long as short