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Funding arb · Price arb /

RUNE

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.009%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$680.676% of the position
Long on ExtendedShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.009%, 7d avg +0.033%
Together, before fees−0.076%+ Points / potential airdropExtended: Active · farm board−$8 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: MEXC is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.65820.0104pay 0.0013% / 1h48m 39s$4K$169K10x
ShortMEXC RUNE_USDT0.65830.0100get 0.0100% / 8h7h 48m$3.7M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.009% → +0.033%
−$2.43
Slippage, 4 orders
−$58.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$70.89
Costs to cover
0.676%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; MEXC: live order book, 9 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, 22 min ago5.03 bp25.6 bp −$26224.3 bp −$2,243doesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago2.25 bp7.4 bp −$744.0 bp −$440111.5 bp −$11.2K240.6 bp −$120.3K

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−0.0053%1h0.6595+0.191%——10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.493%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6668+1.300%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0096%8h0.6592+0.146%$467K$186K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6583+0.001%$5.2M$12.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6582−0.006%$2.9M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6591+0.131%$667K$332K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6583+0.009%$3.7M$2.3M125x
KuCoin RUNEUSDTM+0.0100%8h0.6589+0.100%$939K$237K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6589+0.100%$1.6M$624K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6588+0.085%—$59.1M—as long as short
Variational Omni RUNE+0.0100%8h0.6635+0.806%$131K$8K—as long as short
Extended RUNE-USDlong+0.0104%1h0.6582long leg$4K$169K10x
dYdX RUNE-USD+0.0439%1h0.6598+0.236%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.0594%1h0.6613+0.466%$195K$235K20xas long as short
Hyperliquid RUNE+0.1035%1h0.6597+0.226%$1.8M$957K5xas long as short