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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.2674%/8hpaid last 24h +0.867%
Price spread now: dYdX against Bitget−0.200%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 7 days+1.866%+$187 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. dYdX is 0.200% cheaper against Bitget than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 6 hours of funding at the current rate (+$80 a day). At the pace of the last 7 days (+1.866% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.866% in total (about 97.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.62770.0100pay 0.0100% / 8h4h 30m$1.5M$412K50x
ShortdYdX RUNE-USD0.62640.2774get 0.0347% / 1h30m 21s$54K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
$561.6
Price spread: −0.200% → 0.000%
−$20.01
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
$519.58
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: Bitget: 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 Bitget live order book, 8 min ago4.74 bp31.5 bp −$32178.2 bp −$1,782doesn't fitdoesn't fit
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-PERPETUAL−0.1023%1h0.6275−0.032%10xas long as short
Kraken Futures PF_RUNEUSD−0.0457%1h0.6296+0.306%$174K$234K20xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−1.944%$7$35K12xas long as short
Binance RUNEUSDT+0.0100%8h0.6276−0.021%$4.6M$8.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.62770.000%$2.6M$1.3M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6274−0.048%$646K$267K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6270−0.112%$2.7M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6270−0.112%$915K$169K50xas long as short
Bitget RUNEUSDTlong+0.0100%8h0.6277long leg$1.5M$412K50x
BingX RUNE-USDT+0.0100%8h0.6280+0.048%$59.1Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6250−0.423%$123K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6275−0.036%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0220%8h0.6263−0.223%$453K$114K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0320%1h0.6380+1.641%$38K$16K25xas long as short
Hyperliquid RUNE+0.0425%1h0.6282+0.084%$1.6M$814K5xas long as short
dYdX RUNE-USDshort+0.2774%1h0.6264−0.200%$54K$3K5x