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 Binance−0.074%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.074%, 7d avg +0.062%
Together, before fees−0.083%−$8 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 0.135% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63580.0100pay 0.0100% / 8h4h 24m$4.8M$15.7M75x
ShortGate RUNE_USDT0.63530.0100get 0.0100% / 8h4h 24m$630K$369K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.074% → +0.062%
−$13.54
Slippage, 4 orders
−$125.36
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$163.91
Costs to cover
1.504%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 32 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, 16 min ago1.58 bp18.8 bp −$1966.1 bp −$661doesn't fitdoesn't fit
Sell Gate live order book, 32 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%1h0.6155−3.188%$7$1412xas long as short
dYdX RUNE-USD+0.0046%1h0.6345−0.204%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0064%1h0.6362+0.068%10xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6358long leg$4.8M$15.7M75x
Bybit RUNEUSDT+0.0100%8h0.6354−0.058%$2.8M$2.8M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6353−0.074%$630K$369K50x
MEXC RUNE_USDT+0.0100%8h0.6358+0.005%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6349−0.137%$912K$335K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6366+0.131%$1.6M$775K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6359+0.021%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6352−0.084%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6352−0.084%$4K$167K10xas long as short
BloFin RUNE-USDT+0.0129%8h0.6361+0.052%$445K$195K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.445%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0985%1h0.6367+0.151%$179K$288K20xas long as short
Hyperliquid RUNE+0.1740%1h0.6370+0.195%$1.8M$1.1M5xas long as short