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: Binance against BingX−0.066%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$680.682% 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 7 days+0.050%+$5 · spread now −0.066%, 7d avg −0.014%
Together, before fees−0.015%−$1 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: Binance is 0.052% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.65760.0100pay 0.0100% / 8h7h 33m$59.0M
ShortBinance RUNEUSDT0.65720.0100get 0.0100% / 8h7h 33m$5.2M$12.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.066% → −0.014%
−$5.24
Slippage, 4 orders
−$48.18
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$73.42
Costs to cover
0.682%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 6 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 BingX live order book, 5 min ago5.36 bp19.8 bp −$2051.5 bp −$515342.9 bp −$34.3K525.4 bp −$262.7K
Sell Binance live order book, 6 min ago0.76 bp14.7 bp −$1556.1 bp −$561566.0 bp −$56.6Kdoesn'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−0.0661%1h0.6578+0.030%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.402%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6607+0.471%$39K$32K25xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6572−0.066%$5.2M$12.6M75x
Bybit RUNEUSDT+0.0100%8h0.6574−0.030%$2.9M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6582+0.091%$666K$343K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6571−0.076%$3.6M$2.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6579+0.046%$927K$237K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6580+0.061%$1.6M$632K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6576long leg$59.0M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6563−0.198%$129K$7Kas long as short
Extended RUNE-USD+0.0104%1h0.6570−0.095%$4K$167K10xas long as short
BloFin RUNE-USDT+0.0120%8h0.6586+0.152%$485K$187K75xas long as short
dYdX RUNE-USD+0.0484%1h0.6573−0.046%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.0597%1h0.6586+0.146%$195K$239K20xas long as short
Hyperliquid RUNE+0.0993%1h0.6587+0.172%$1.8M$969K5xas long as short