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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.031%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days−0.063%−$6 · spread now +0.031%, 7d avg +0.006%
Together, before fees−0.091%−$9 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: MEXC is 0.025% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.64470.0100pay 0.0100% / 8h44m 40s$2.7M$1.7M75x
ShortMEXC RUNE_USDT0.64490.0100get 0.0100% / 8h44m 40s$3.3M$1.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.031% → +0.006%
$2.49
Slippage, 4 orders
−$69.06
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$81.56
Costs to cover
0.841%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago3.11 bp37.5 bp −$3771.7 bp −$717doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.78 bp8.0 bp −$828.1 bp −$281108.3 bp −$10.8K237.9 bp −$119.0K

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−0.0834%1h0.6451+0.062%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6453+0.093%$37K$18K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.529%$7$2412xas long as short
BloFin RUNE-USDT+0.0078%8h0.64470.000%$450K$161K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6450+0.054%$4.8M$10.7M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6447long leg$2.7M$1.7M75x
Gate RUNE_USDT+0.0100%8h0.6449+0.031%$665K$312K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6449+0.031%$3.3M$1.7M125x
KuCoin RUNEUSDTM+0.0100%8h0.6449+0.031%$903K$209K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6455+0.124%$1.6M$533K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6449+0.031%$59.2Mas long as short
Variational Omni RUNE+0.0100%8h0.6442−0.082%$127K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6447+0.007%$4K$170K10xas long as short
dYdX RUNE-USD+0.1078%1h0.6444−0.048%$55K$4K5xas long as short
Hyperliquid RUNE+0.1194%1h0.6462+0.230%$1.7M$909K5xas long as short
Kraken Futures PF_RUNEUSD+0.1685%1h0.6465+0.274%$190K$229K20xas long as short