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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0427%/8h= −46.8% APRpaid last 24h −0.479%
Price spread now: KuCoin against dYdX+0.192%47s7-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−2.027%−$203 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.192% dearer against dYdX than usual: you sell high and buy low (spread +0.192% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−2.027% in total) that is about 16 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63860.0527pay 0.0066% / 1h9m 48s$27K$32K5x
ShortKuCoin RUNEUSDTM0.63980.0100get 0.0100% / 8h9m 48s$991K$362K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$89.75
Price spread: +0.192% → 0.000%
$19.23
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$92.53
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; KuCoin: 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 KuCoin live order book, 5 min ago0.78 bp29.1 bp −$29176.8 bp −$1,768doesn'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%1h0.6155−3.613%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6392+0.101%$5.0M$16.4M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6390+0.067%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6400+0.224%$666K$391K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6392+0.098%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6398+0.192%$991K$362K50x
Variational Omni RUNE+0.0100%8h0.6397+0.172%$185K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6391+0.083%$8K$208K10xas long as short
BingX RUNE-USDT+0.0116%8h0.6396+0.161%$58.7Mas long as short
BloFin RUNE-USDT+0.0122%8h0.6400+0.224%$442K$210K75xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0122%8h0.6401+0.239%$1.6M$778K50xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0375%1h0.6400+0.224%10xas long as short
dYdX RUNE-USDlong+0.0527%1h0.6386long leg$27K$32K5x
Kraken Futures PF_RUNEUSD+0.0766%1h0.6403+0.270%$148K$313K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6425+0.615%$37K$30K25xas long as short
Hyperliquid RUNE+0.1462%1h0.6400+0.227%$1.8M$1.2M5xas long as short