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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0685%/8h= −75.0% APRpaid last 24h −0.525%
Price spread now: BingX against dYdX−0.082%49s7-day average · 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 7 days−2.015%−$202 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BingX is 0.082% cheaper against dYdX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63760.0785pay 0.0098% / 1h0m 48s$27K$32K5x
ShortBingX RUNE-USDT0.63710.0100get 0.0100% / 8h1h 00m$58.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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
−$143.85
Price spread: −0.082% → 0.000%
−$8.19
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.05
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 8 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 dYdX no order-book sample
Sell BingX live order book, 8 min ago3.92 bp18.7 bp −$1946.1 bp −$461340.2 bp −$34.0K493.0 bp −$246.5K
dYdX: 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
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6368−0.129%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.470%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6366−0.160%$4.9M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6366−0.160%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6380+0.059%$631K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6367−0.145%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6376−0.004%$987K$365K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6378+0.028%$1.6M$769K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6371−0.082%$58.7M
Variational Omni RUNE+0.0100%8h0.6367−0.146%$184K$70Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6364−0.189%$4K$160K10xas long as short
BloFin RUNE-USDT+0.0106%8h0.6369−0.113%$437K$208K75xas long as short
dYdX RUNE-USDlong+0.0785%1h0.6376long leg$27K$32K5x
Kraken Futures PF_RUNEUSD+0.0855%1h0.6370−0.098%$147K$322K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6408+0.498%$37K$29K25xas long as short
Hyperliquid RUNE+0.1546%1h0.6372−0.071%$1.8M$1.1M5xas long as short