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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.068%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$840.838% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.068%, 7d avg +0.028%
Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.64750.0104pay 0.0013% / 1h51m 22s$5K$206K10x
ShortBinance RUNEUSDT0.64790.0100get 0.0100% / 8h5h 51m$5.3M$16.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.068% → +0.028%
$3.93
Slippage, 4 orders
−$68.77
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.69
Costs to cover
0.838%
Break-even
never at this rate
Slippage from Extended: live order book, 57 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 57 min ago4.41 bp23.6 bp −$24221.3 bp −$2,213doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.54 bp19.7 bp −$2062.2 bp −$622doesn't fitdoesn't fit

RUNE on 16 exchanges

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%1h0.6477+0.035%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.938%$7$1412xas long as short
BloFin RUNE-USDT+0.0074%8h0.6472−0.042%$337K$229K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6479+0.068%$5.3M$16.9M75x
Bybit RUNEUSDT+0.0100%8h0.6479+0.066%$3.0M$3.0M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6485+0.158%$683K$382K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6484+0.143%$3.9M$3.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6479+0.066%$1.0M$371K50xas long as short
Variational Omni RUNE+0.0100%8h0.6470−0.068%$187K$72Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6475long leg$5K$206K10x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0141%8h0.6494+0.297%$1.6M$809K50xas long as short
BingX RUNE-USDT+0.0155%8h0.6480+0.081%$11.7Mas long as short
Kraken Futures PF_RUNEUSD+0.0529%1h0.6474−0.016%$157K$312K20xas long as short
Hyperliquid RUNE+0.0926%1h0.6491+0.251%$2.0M$1.3M5xas long as short
Coinbase International RUNE-PERP-INTX+0.1000%1h0.6509+0.529%$37K$28K25xas long as short
dYdX RUNE-USD+0.1188%1h0.6468−0.104%$27K$32K5xas long as short