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: Binance against Bybit+0.009%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1071.069% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.009%, 7d avg +0.006%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.62700.0100pay 0.0100% / 8h2h 27m$2.8M$2.9M75x
ShortBinance RUNEUSDT0.62710.0100get 0.0100% / 8h2h 27m$4.8M$16.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.009% → +0.006%
$0.28
Slippage, 4 orders
−$85.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$106.67
Costs to cover
1.069%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 13 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 Bybit live order book, 4 min ago3.98 bp38.1 bp −$3875.0 bp −$750doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.80 bp21.2 bp −$2165.8 bp −$658doesn'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
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6277+0.112%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−1.834%$7$1412xas long as short
BloFin RUNE-USDT+0.0078%8h0.6286+0.255%$431K$208K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6271+0.009%$4.8M$16.1M75x
Bybit RUNEUSDTlong+0.0100%8h0.6270long leg$2.8M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6281+0.175%$622K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6275+0.080%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6281+0.175%$967K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6286+0.255%$1.5M$782K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6278+0.128%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6283+0.200%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6274+0.070%$6K$153K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.994%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0830%1h0.6276+0.090%$158K$304K20xas long as short
dYdX RUNE-USD+0.0889%1h0.6275+0.079%$27K$32K5xas long as short
Hyperliquid RUNE+0.1458%1h0.6281+0.180%$1.8M$1.2M5xas long as short