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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.08 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against BloFin−0.314%56s7-day average −0.074% · 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 4 days (all we have)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.314%, 7d avg −0.074%
Together, before fees+0.408%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.240% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.074%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.64010.0108pay 0.0108% / 8h16m 20s$444K$210K75x
ShortVariational Omni RUNE0.63810.0100get 0.0100% / 8h16m 20s$184K$70K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$1.75
Price spread: −0.314% → −0.074%
−$24.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.79
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 56 min ago; Variational Omni: RFQ quote, 23 min ago. 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, 56 min ago2.36 bp15.5 bp −$1637.9 bp −$379doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 23 min ago8.61 bpdoesn't fit63.4 bp −$634doesn'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%1h0.6155−3.843%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6399−0.031%$5.0M$16.3M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6394−0.109%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6406+0.078%$667K$390K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6399−0.031%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6399−0.031%$991K$361K50xas long as short
Variational Omni RUNEshort+0.0100%8h0.6381−0.314%$184K$70K
Extended RUNE-USD+0.0104%1h0.6397−0.058%$8K$210K10xas long as short
BingX RUNE-USDT+0.0106%8h0.6402+0.016%$58.7Mas long as short
BloFin RUNE-USDTlong+0.0108%8h0.6401long leg$444K$210K75x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0110%8h0.6407+0.094%$1.6M$776K50xas long as short
dYdX RUNE-USD+0.0316%1h0.6386−0.236%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0532%1h0.6399−0.031%10xas long as short
Kraken Futures PF_RUNEUSD+0.0766%1h0.6403+0.030%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6425+0.375%$37K$30K25xas long as short
Hyperliquid RUNE+0.1426%1h0.6406+0.077%$1.8M$1.1M5xas long as short