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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0636%/8h= −69.7% APRpaid last 24h −0.754%
Price spread now: BloFin against dYdX−0.162%7-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−2.058%−$206 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 −$19 a day on $10k at the current rate, and BloFin is 0.162% cheaper against dYdX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.65900.0764pay 0.0096% / 1h0m 35s$56K$5K5x
ShortBloFin RUNE-USDT0.65790.0128get 0.0128% / 8h7h 00m$482K$193K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$133.59
Price spread: −0.162% → 0.000%
−$16.21
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$171.8
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 5 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 BloFin live order book, 5 min ago3.80 bp19.4 bp −$1943.0 bp −$430doesn't fitdoesn't fit
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-PERPETUAL−0.0358%1h0.6579−0.162%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.596%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6632+0.642%$39K$32K25xas long as short
Binance RUNEUSDT+0.0100%8h0.6573−0.250%$5.2M$13.4M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6576−0.208%$3.0M$2.3M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6586−0.056%$663K$360K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6575−0.223%$3.2M$2.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6600+0.157%$930K$257K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6585−0.071%$1.6M$665K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6582−0.117%$58.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6583−0.104%$157K$34Kas long as short
Extended RUNE-USD+0.0104%1h0.6574−0.232%$4K$169K10xas long as short
BloFin RUNE-USDTshort+0.0128%8h0.6579−0.162%$482K$193K75x
Kraken Futures PF_RUNEUSD+0.0597%1h0.6580−0.145%$194K$249K20xas long as short
dYdX RUNE-USDlong+0.0764%1h0.6590long leg$56K$5K5x
Hyperliquid RUNE+0.1291%1h0.6609+0.298%$1.8M$1.0M5xas long as short