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: Bybit against Binance0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$970.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.006%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63790.0100pay 0.0100% / 8h1h 04m$5.0M$16.1M75x
ShortBybit RUNEUSDT0.63790.0100get 0.0100% / 8h1h 04m$2.9M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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% → −0.006%
$0.56
Slippage, 4 orders
−$76.16
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$96.6
Costs to cover
0.972%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 2 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 Binance live order book, 6 min ago0.78 bp14.3 bp −$1453.6 bp −$536doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.56 bp34.9 bp −$3568.5 bp −$685doesn'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-PERPETUAL0.0000%1h0.6385+0.094%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.512%$7$1412xas long as short
BloFin RUNE-USDT+0.0087%8h0.6387+0.125%$438K$208K75xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6379long leg$5.0M$16.1M75x
Bybit RUNEUSDTshort+0.0100%8h0.63790.000%$2.9M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6386+0.110%$632K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6380+0.016%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6387+0.125%$987K$365K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6391+0.188%$1.6M$769K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6381+0.031%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6390+0.178%$184K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6379+0.003%$4K$139K10xas long as short
dYdX RUNE-USD+0.0804%1h0.6380+0.012%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0853%1h0.6385+0.091%$147K$322K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6408+0.455%$37K$29K25xas long as short
Hyperliquid RUNE+0.1540%1h0.6384+0.075%$1.8M$1.1M5xas long as short