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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate−0.079%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1871.865% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.079%, 7d avg −0.030%
Together, before fees+0.098%+$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: BingX is 0.049% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.63040.0100pay 0.0100% / 8h2h 34m$625K$367K50x
ShortBingX RUNE-USDT0.62990.0100get 0.0100% / 8h2h 34m$58.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.079% → −0.030%
−$4.92
Slippage, 4 orders
−$161.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$191.45
Costs to cover
1.865%
Break-even
never at this rate
Slippage from Gate: live order book, 11 min ago; BingX: live order book, 4 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, 11 min ago3.17 bp66.4 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago3.97 bp19.7 bp −$2052.8 bp −$528321.9 bp −$32.2K449.8 bp −$224.9K

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%1h0.6155−2.364%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6288−0.254%$4.8M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6287−0.270%$2.8M$2.9M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6304long leg$625K$367K50x
MEXC RUNE_USDT+0.0100%8h0.6287−0.270%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6294−0.159%$969K$364K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6301−0.048%$1.5M$782K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6299−0.079%$58.7M
Variational Omni RUNE+0.0100%8h0.6301−0.047%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6293−0.169%$6K$153K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0119%8h0.6309+0.079%$435K$209K75xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0385%1h0.6307+0.048%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.444%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0825%1h0.6309+0.080%$160K$314K20xas long as short
dYdX RUNE-USD+0.0829%1h0.6289−0.237%$27K$32K5xas long as short
Hyperliquid RUNE+0.1476%1h0.6300−0.067%$1.8M$1.1M5xas long as short