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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended−0.022%54s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.022%, 7d avg +0.059%
Together, before fees−0.053%+ Points / potential airdropExtended: Active · farm board−$5 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: BloFin is 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63480.0104pay 0.0013% / 1h28m 27s$8K$110K10x
ShortBloFin RUNE-USDT0.63470.0097get 0.0097% / 8h1h 28m$436K$206K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.54
Price spread: −0.022% → +0.059%
−$8.11
Slippage, 4 orders
−$67.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$94.07
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Extended: live order book, 12 min ago; BloFin: live order book, 49 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, 12 min ago4.19 bp26.5 bp −$27241.4 bp −$2,414doesn't fitdoesn't fit
Sell BloFin live order book, 49 min ago2.38 bp16.7 bp −$1745.6 bp −$456doesn'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
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6349+0.009%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.047%$7$1412xas long as short
BloFin RUNE-USDTshort+0.0097%8h0.6347−0.022%$436K$206K75x
Binance RUNEUSDT+0.0100%8h0.6351+0.041%$4.9M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6353+0.072%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6358+0.151%$629K$365K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6349+0.009%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6357+0.135%$980K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6361+0.198%$1.6M$785K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6352+0.057%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6344−0.063%$183K$70Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6348long leg$8K$110K10x
dYdX RUNE-USD+0.0183%1h0.6330−0.291%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0859%1h0.6347−0.026%$151K$315K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6374+0.403%$37K$29K25xas long as short
Hyperliquid RUNE+0.1495%1h0.6356+0.120%$1.8M$1.2M5xas long as short