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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h −0.434%
Price spread now: Kraken Futures against dYdX+0.201%7-day average · you sell dearer than you buy
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−2.529%−$253 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.201% dearer against dYdX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.529%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63310.0742pay 0.0093% / 1h10m 58s$27K$32K5x
ShortKraken Futures PF_RUNEUSD0.63440.0821get 0.0103% / 1h10m 58s$156K$308K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$16.55
Price spread: +0.201% → 0.000%
$20.14
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$16.69
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 37 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 Kraken Futures live order book, 37 min ago12.66 bp25.2 bp −$25doesn't fitdoesn'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
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.786%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6346+0.230%$4.9M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6346+0.230%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6345+0.214%$628K$368K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6346+0.230%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6342+0.167%$976K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6339+0.120%$1.5M$784K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6345+0.214%$58.7Mas long as short
Variational Omni RUNE+0.0100%8h0.6307−0.378%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6344+0.204%$4K$158K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0105%8h0.6343+0.183%$431K$210K75xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0381%1h0.6348+0.262%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6353+0.341%$37K$30K25xas long as short
dYdX RUNE-USDlong+0.0742%1h0.6331long leg$27K$32K5x
Kraken Futures PF_RUNEUSDshort+0.0821%1h0.6344+0.201%$156K$308K20x
Hyperliquid RUNE+0.1479%1h0.6351+0.308%$1.8M$1.2M5xas long as short