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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%
Price spread now: BingX against Extended−0.070%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.070%, 7d avg +0.053%
Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 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: BingX is 0.123% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63330.0104pay 0.0013% / 1h5m 25s$4K$170K10x
ShortBingX RUNE-USDT0.63290.0100get 0.0100% / 8h4h 05m$59.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.070% → +0.053%
−$12.28
Slippage, 4 orders
−$85.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.86
Costs to cover
1.007%
Break-even
never at this rate
Slippage from Extended: live order book, 25 min ago; BingX: live order book, 8 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, 25 min ago5.58 bp25.3 bp −$25172.8 bp −$1,728doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago7.09 bp24.2 bp −$2458.4 bp −$584368.8 bp −$36.9K491.9 bp −$246.0K

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−0.0854%1h0.6336+0.041%10xas long as short
Kraken Futures PF_RUNEUSD−0.0452%1h0.6355+0.341%$175K$234K20xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.817%$7$35K12xas long as short
Binance RUNEUSDT+0.0100%8h0.6334+0.009%$4.6M$8.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6327−0.101%$2.7M$1.3M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6338+0.072%$653K$271K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6337+0.057%$2.7M$1.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6334+0.009%$921K$165K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6339+0.088%$1.5M$413K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6329−0.070%$59.2M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6325−0.125%$125K$9Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6333long leg$4K$170K10x
BloFin RUNE-USDT+0.0220%8h0.6358+0.388%$453K$120K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0320%1h0.6373+0.625%$38K$16K25xas long as short
Hyperliquid RUNE+0.0517%1h0.6346+0.203%$1.6M$808K5xas long as short
dYdX RUNE-USD+0.3309%1h0.6335+0.026%$54K$4K5xas long as short