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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h −0.734%
Price spread now: MEXC against dYdX−0.107%47s7-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 MEXC is 0.107% cheaper against dYdX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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-USD0.63340.0746pay 0.0093% / 1h15m 49s$44K$16K5x
ShortMEXC RUNE_USDT0.63270.0100get 0.0100% / 8h6h 15m$3.8M$3.4M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$135.66
Price spread: −0.107% → 0.000%
−$10.73
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$160.39
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago2.37 bp8.5 bp −$940.6 bp −$406104.1 bp −$10.4K231.3 bp −$115.7K
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 15 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%1h0.6328−0.092%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.823%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6329−0.075%$4.9M$14.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6329−0.076%$2.9M$2.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6336+0.035%$638K$371K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6327−0.107%$3.8M$3.4M125x
KuCoin RUNEUSDTM+0.0100%8h0.6332−0.028%$895K$315K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6336+0.035%$1.6M$754K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6330−0.060%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6328−0.086%$186K$69Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6324−0.149%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0104%1h0.6352+0.287%$38K$31K25xas long as short
dYdX RUNE-USDlong+0.0746%1h0.6334long leg$44K$16K5x
Hyperliquid RUNE+0.0827%1h0.6336+0.030%$1.7M$1.1M5xas long as short
Kraken Futures PF_RUNEUSD+0.1759%1h0.6350+0.252%$183K$283K20xas long as short