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 BingX+0.016%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.016%, 7d avg −0.020%
Together, before fees−0.067%−$7 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: Bybit is 0.036% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63240.0100pay 0.0100% / 8h2h 52m$58.9M
ShortBybit RUNEUSDT0.63250.0100get 0.0100% / 8h2h 52m$2.8M$2.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.016% → −0.020%
$3.58
Slippage, 4 orders
−$84.26
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$101.68
Costs to cover
1.053%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 5 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, 7 min ago3.16 bp19.1 bp −$1946.8 bp −$468386.1 bp −$38.6K530.1 bp −$265.0K
Sell Bybit live order book, 5 min ago3.16 bp37.0 bp −$3771.0 bp −$710doesn'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%1h0.6155−2.672%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0066%1h0.6328+0.063%10xas long as short
Binance RUNEUSDT+0.0100%8h0.6325+0.016%$4.8M$16.0M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6325+0.016%$2.8M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6329+0.079%$627K$365K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6325+0.016%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6329+0.079%$976K$363K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6338+0.221%$1.5M$777K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6324long leg$58.9M
Variational Omni RUNE+0.0100%8h0.6327+0.054%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6321−0.041%$4K$154K10xas long as short
BloFin RUNE-USDT+0.0122%8h0.6332+0.127%$437K$211K75xas long as short
dYdX RUNE-USD+0.0531%1h0.6316−0.120%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.123%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0822%1h0.6331+0.108%$162K$312K20xas long as short
Hyperliquid RUNE+0.1643%1h0.6335+0.177%$1.8M$1.1M5xas long as short