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: Bitget against Bybit+0.189%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days−0.221%−$22 · spread now +0.189%, 7d avg +0.042%
Together, before fees−0.174%−$17 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: Bitget is 0.147% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63540.0100pay 0.0100% / 8h4h 23m$2.8M$2.8M75x
ShortBitget RUNEUSDT0.63660.0100get 0.0100% / 8h4h 23m$1.6M$775K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.189% → +0.042%
$14.69
Slippage, 4 orders
−$104.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$112.7
Costs to cover
1.274%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago3.93 bp34.9 bp −$3566.2 bp −$662doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.50 bp28.3 bp −$28114.3 bp −$1,143doesn'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%1h0.6358+0.063%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.132%$7$1412xas long as short
dYdX RUNE-USD+0.0046%1h0.6345−0.146%$27K$32K5xas long as short
Binance RUNEUSDT+0.0100%8h0.6357+0.048%$4.8M$15.8M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6354long leg$2.8M$2.8M75x
Gate RUNE_USDT+0.0100%8h0.6353−0.016%$630K$369K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6356+0.031%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6357+0.047%$913K$335K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6366+0.189%$1.6M$775K50x
BingX RUNE-USDT+0.0100%8h0.6359+0.079%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6352−0.026%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6356+0.029%$4K$167K10xas long as short
BloFin RUNE-USDT+0.0129%8h0.6361+0.110%$445K$195K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.504%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0986%1h0.6364+0.155%$179K$288K20xas long as short
Hyperliquid RUNE+0.1753%1h0.6368+0.222%$1.8M$1.1M5xas long as short