Funding arb · Price arb /

RUNE

all RUNE markets

Swap Backtest

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: MEXC against Binance−0.066%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.049%+$5 · spread now −0.066%, 7d avg +0.001%

Together, before fees+0.048%+$5 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: MEXC is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance RUNEUSDT	0.6641	0.0100	pay 0.0100% / 8h	7h 51m	$5.3M	$12.1M	75x
Short	MEXC RUNE_USDT	0.6637	0.0100	get 0.0100% / 8h	7h 51m	$3.8M	$2.3M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → +0.001%: −$6.62
Slippage, 4 orders: −$29.65
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$50.27
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; MEXC: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 4 min ago	1.51 bp	17.6 bp −$18	59.2 bp −$592	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	2.25 bp	7.4 bp −$7	44.0 bp −$440	111.5 bp −$11.2K	240.6 bp −$120.3K

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit RUNE_USDC-PERPETUAL	−0.0052%	1h	0.6623	−0.276%	—	—	10x	as long as short
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−7.323%	$7	$14	12x	as long as short
Coinbase International RUNE-PERP-INTX	+0.0056%	1h	0.6668	+0.401%	$40K	$32K	25x	as long as short
BloFin RUNE-USDT	+0.0099%	8h	0.6618	−0.352%	$470K	$186K	75x	as long as short
Binance RUNEUSDTlong	+0.0100%	8h	0.6641	long leg	$5.3M	$12.1M	75x
Bybit RUNEUSDT	+0.0100%	8h	0.6632	−0.141%	$3.0M	$2.1M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6638	−0.050%	$673K	$328K	50x	as long as short
MEXC RUNE_USDTshort	+0.0100%	8h	0.6637	−0.066%	$3.8M	$2.3M	125x
KuCoin RUNEUSDTM	+0.0100%	8h	0.6618	−0.352%	$943K	$236K	50x	as long as short
Bitget RUNEUSDT	+0.0100%	8h	0.6646	+0.070%	$1.6M	$622K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX RUNE-USDT	+0.0100%	8h	0.6633	−0.126%	—	$59.1M	—	as long as short
Variational Omni RUNE	+0.0100%	8h	0.6665	+0.350%	$131K	$8K	—	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6634	−0.106%	$4K	$169K	10x	as long as short
dYdX RUNE-USD	+0.0415%	1h	0.6636	−0.075%	$57K	$5K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.0594%	1h	0.6622	−0.293%	$195K	$235K	20x	as long as short
Hyperliquid RUNE	+0.1046%	1h	0.6634	−0.106%	$1.8M	$956K	5x	as long as short