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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.072%
Price spread now: Coinbase International against BloFin+0.126%7-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 5 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 for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.126% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.63540.0100pay 0.0100% / 8h2h 07m$430K$210K75x
ShortCoinbase International RUNE-PERP-INTX0.63620.0624get 0.0078% / 1h7m 07s$37K$30K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
$110.09
Price spread: +0.126% → 0.000%
$12.59
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$100.68
Costs to cover
0.220%
Break-even
0.6 days
Slippage unknown: BloFin: live order book, 10 min ago; Coinbase International: 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 BloFin live order book, 10 min ago2.38 bp15.5 bp −$1639.6 bp −$396doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.132%$7$1412xas long as short
BloFin RUNE-USDTlong+0.0100%8h0.6354long leg$430K$210K75x
Binance RUNEUSDT+0.0100%8h0.6353−0.016%$4.9M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.63540.000%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6357+0.047%$629K$368K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6350−0.063%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6357+0.047%$980K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6367+0.205%$1.6M$784K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6356+0.031%$58.7Mas long as short
Variational Omni RUNE+0.0100%8h0.6345−0.143%$182K$71Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6351−0.044%$4K$158K10xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0380%1h0.6358+0.063%10xas long as short
Coinbase International RUNE-PERP-INTXshort+0.0624%1h0.6362+0.126%$37K$30K25x
dYdX RUNE-USD+0.0762%1h0.6331−0.355%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0820%1h0.6350−0.059%$156K$308K20xas long as short
Hyperliquid RUNE+0.1469%1h0.6358+0.066%$1.8M$1.2M5xas long as short