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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.121%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$920.918% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.121%, 7d avg +0.080%
Together, before fees−0.100%+ Points / potential airdropExtended: Active · farm board−$10 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: Bitget is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63050.0104pay 0.0013% / 1h35m 08s$6K$153K10x
ShortBitget RUNEUSDT0.63130.0100get 0.0100% / 8h2h 35m$1.5M$782K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.121% → +0.080%
$4.11
Slippage, 4 orders
−$74.85
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.58
Costs to cover
0.918%
Break-even
never at this rate
Slippage from Extended: live order book, 11 min ago; Bitget: live order book, 1 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, 11 min ago5.24 bp25.6 bp −$26211.1 bp −$2,111doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.96 bp19.0 bp −$19102.8 bp −$1,028doesn't fitdoesn't fit

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%1h0.6155−2.385%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6295−0.164%$4.8M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6303−0.037%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6307+0.026%$625K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6303−0.037%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6306+0.010%$971K$364K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6313+0.121%$1.5M$782K50x
BingX RUNE-USDT+0.0100%8h0.6303−0.037%$58.7Mas long as short
Variational Omni RUNE+0.0100%8h0.6301−0.069%$185K$67Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6305long leg$6K$153K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0119%8h0.6309+0.058%$435K$209K75xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0385%1h0.6307+0.026%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.422%$38K$30K25xas long as short
dYdX RUNE-USD+0.0764%1h0.6289−0.259%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0825%1h0.6309+0.059%$160K$314K20xas long as short
Hyperliquid RUNE+0.1484%1h0.6310+0.082%$1.8M$1.1M5xas long as short