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+0.0400%/8h= +43.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.056%
Price spread now: Coinbase International against Extended+0.768%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.768% dearer against Extended than usual: you sell high and buy low: +$77 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63320.0104pay 0.0013% / 1h5m 08s$4K$165K10x
ShortCoinbase International RUNE-PERP-INTX0.63810.0504get 0.0063% / 1h5m 08s$37K$31K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$84
Price spread: +0.768% → 0.000%
$76.8
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$145.8
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 56 min ago; Coinbase International: no order-book sample. 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 Extended live order book, 56 min ago4.13 bp24.3 bp −$24211.1 bp −$2,111doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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 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%1h0.6336+0.057%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.801%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6336+0.051%$4.8M$15.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6332−0.006%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6334+0.026%$628K$377K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6335+0.042%$3.6M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6334+0.026%$919K$330K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6346+0.215%$1.5M$768K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6333+0.010%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6335+0.038%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USDlong+0.0104%1h0.6332long leg$4K$165K10x
BloFin RUNE-USDT+0.0106%8h0.6330−0.037%$444K$193K75xas long as short
dYdX RUNE-USD+0.0146%1h0.6329−0.057%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTXshort+0.0504%1h0.6381+0.768%$37K$31K25x
Hyperliquid RUNE+0.1511%1h0.6353+0.331%$1.7M$1.0M5xas long as short
Kraken Futures PF_RUNEUSD+0.2063%1h0.6344+0.176%$181K$286K20xas long as short