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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.211%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1591.589% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.380%+$38 · spread now −0.211%, 7d avg −0.064%
Together, before fees+0.322%+$32 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: Binance is 0.148% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.64090.0100pay 0.0100% / 8h4h 49m$644K$408K50x
ShortBinance RUNEUSDT0.63950.0100get 0.0100% / 8h4h 49m$5.2M$16.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
Price spread: −0.211% → −0.064%
−$14.76
Slippage, 4 orders
−$133.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$173.67
Costs to cover
1.589%
Break-even
never at this rate
Slippage from Gate: live order book, 55 min ago; Binance: live order book, 14 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 Gate live order book, 55 min ago3.86 bp59.9 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.78 bp20.5 bp −$2061.9 bp −$619doesn't fitdoesn't fit

RUNE on 16 exchanges

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%1h0.6421+0.187%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.963%$7$1412xas long as short
BloFin RUNE-USDT+0.0073%8h0.6414+0.078%$335K$227K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6395−0.211%$5.2M$16.7M75x
Bybit RUNEUSDT+0.0100%8h0.6403−0.094%$3.0M$3.0M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6409long leg$644K$408K50x
MEXC RUNE_USDT+0.0100%8h0.6399−0.156%$3.6M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6410+0.016%$979K$396K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6405−0.062%$1.5M$801K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6408−0.016%$11.7Mas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6416+0.114%$185K$72Kas long as short
Extended RUNE-USD+0.0104%1h0.6400−0.137%$28K$230K10xas long as short
Kraken Futures PF_RUNEUSD+0.0365%1h0.6419+0.150%$154K$280K20xas long as short
Hyperliquid RUNE+0.0429%1h0.6402−0.106%$2.0M$1.1M5xas long as short
Coinbase International RUNE-PERP-INTX+0.0960%1h0.6509+1.560%$37K$28K25xas long as short
dYdX RUNE-USD+0.1899%1h0.6389−0.309%$27K$32K5xas long as short