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: Gate against BingX+0.047%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1701.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.047%, 7d avg +0.031%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.64000.0100pay 0.0100% / 8h38m 36s$58.7M
ShortGate RUNE_USDT0.64030.0100get 0.0100% / 8h38m 36s$637K$370K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.047% → +0.031%
$1.64
Slippage, 4 orders
−$144.74
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$168.1
Costs to cover
1.697%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Gate: live order book, 63 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, 15 min ago4.71 bp20.9 bp −$2148.2 bp −$482342.1 bp −$34.2K444.9 bp −$222.4K
Sell Gate live order book, 63 min ago2.37 bp59.2 bp −$59doesn't fitdoesn'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%1h0.6155−3.828%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0063%1h0.6394−0.094%10xas long as short
Binance RUNEUSDT+0.0100%8h0.6392−0.125%$5.0M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6398−0.031%$2.9M$2.9M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6403+0.047%$637K$370K50x
MEXC RUNE_USDT+0.0100%8h0.6395−0.078%$3.9M$3.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6395−0.078%$991K$365K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6405+0.078%$1.6M$771K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6400long leg$58.7M
Variational Omni RUNE+0.0100%8h0.6395−0.074%$185K$70Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6390−0.157%$4K$208K10xas long as short
BloFin RUNE-USDT+0.0119%8h0.6390−0.156%$439K$210K75xas long as short
dYdX RUNE-USD+0.0223%1h0.6384−0.244%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0767%1h0.6395−0.085%$148K$321K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6430+0.469%$37K$29K25xas long as short
Hyperliquid RUNE+0.1437%1h0.6399−0.017%$1.8M$1.1M5xas long as short