Settings8H · net · $10k
Funding arb · Price arb /

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against BingX−0.063%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63370.0100pay 0.0100% / 8h3h 25m$58.9M
ShortDeribit RUNE_USDC-PERPETUAL0.63330get 0.0000% / 1h25m 37s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.063% → 0.000%
−$6.31
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.31
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 13 min ago; Deribit: no order-book sample. Net counts fees only.

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, 13 min ago3.94 bp20.2 bp −$2047.5 bp −$475370.6 bp −$37.1K504.6 bp −$252.3K
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALshort0.0000%1h0.6333−0.063%10x
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.872%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6331−0.095%$4.8M$15.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6333−0.063%$2.9M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6334−0.047%$627K$369K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6331−0.095%$3.4M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6330−0.110%$976K$359K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6340+0.047%$1.5M$775K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6337long leg$58.9M
Variational Omni RUNE+0.0100%8h0.6331−0.097%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6328−0.142%$4K$169K10xas long as short
BloFin RUNE-USDT+0.0106%8h0.6345+0.126%$441K$193K75xas long as short
dYdX RUNE-USD+0.0402%1h0.6330−0.114%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6395+0.915%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0953%1h0.6337+0.007%$166K$310K20xas long as short
Hyperliquid RUNE+0.1630%1h0.6339+0.036%$1.8M$1.1M5xas long as short