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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0685%/8h= +75.0% APRpaid last 24h +0.525%
Price spread now: dYdX against BingX+0.082%49s7-day average · you sell dearer than you buy
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 7 days+2.015%+$202 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and dYdX is 0.082% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63710.0100pay 0.0100% / 8h1h 00m$58.7M
ShortdYdX RUNE-USD0.63760.0785get 0.0098% / 1h0m 48s$27K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$143.85
Price spread: +0.082% → 0.000%
$8.2
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$132.05
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: BingX: live order book, 8 min ago; dYdX: 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, 8 min ago3.92 bp20.1 bp −$2047.3 bp −$473329.6 bp −$33.0K429.9 bp −$215.0K
Sell dYdX no order-book sample
dYdX: 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-PERPETUAL0.0000%1h0.6368−0.047%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.390%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6366−0.078%$4.9M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6366−0.078%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6380+0.141%$631K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6367−0.063%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6376+0.078%$987K$365K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6378+0.110%$1.6M$769K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6371long leg$58.7M
Variational Omni RUNE+0.0100%8h0.6367−0.065%$184K$70Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6364−0.107%$4K$160K10xas long as short
BloFin RUNE-USDT+0.0106%8h0.6369−0.031%$437K$208K75xas long as short
dYdX RUNE-USDshort+0.0785%1h0.6376+0.082%$27K$32K5x
Kraken Futures PF_RUNEUSD+0.0855%1h0.6370−0.016%$147K$322K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6408+0.581%$37K$29K25xas long as short
Hyperliquid RUNE+0.1546%1h0.6372+0.011%$1.8M$1.1M5xas long as short