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: MEXC against Gate−0.094%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1521.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.094%, 7d avg −0.058%
Together, before fees+0.012%+$1 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 0.036% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.64060.0100pay 0.0100% / 8h16m 35s$667K$390K50x
ShortMEXC RUNE_USDT0.64000.0100get 0.0100% / 8h16m 35s$3.9M$3.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.094% → −0.058%
−$3.57
Slippage, 4 orders
−$132.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$155.41
Costs to cover
1.518%
Break-even
never at this rate
Slippage from Gate: live order book, 20 min ago; MEXC: live order book, 1 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, 20 min ago3.91 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.56 bp8.1 bp −$823.6 bp −$236110.2 bp −$11.0K241.6 bp −$120.8K

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%1h0.6155−3.918%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6401−0.081%$5.0M$16.3M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6394−0.187%$2.9M$2.9M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6406long leg$667K$390K50x
MEXC RUNE_USDTshort+0.0100%8h0.6400−0.094%$3.9M$3.8M125x
KuCoin RUNEUSDTM+0.0100%8h0.6399−0.109%$991K$361K50xas long as short
Variational Omni RUNE+0.0100%8h0.6381−0.392%$184K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6400−0.089%$8K$210K10xas long as short
BingX RUNE-USDT+0.0106%8h0.6402−0.062%$58.7Mas long as short
BloFin RUNE-USDT+0.0108%8h0.6401−0.078%$444K$210K75xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0110%8h0.6407+0.016%$1.6M$776K50xas long as short
dYdX RUNE-USD+0.0316%1h0.6386−0.314%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0532%1h0.6400−0.094%10xas long as short
Kraken Futures PF_RUNEUSD+0.0767%1h0.6401−0.084%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6425+0.297%$37K$30K25xas long as short
Hyperliquid RUNE+0.1427%1h0.6406+0.003%$1.8M$1.1M5xas long as short