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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.444%
Price spread now: dYdX against Injective+3.726%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 7 days+2.128%+$213 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and dYdX is 3.726% dearer against Injective than usual: you sell high and buy low: +$373 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RUNE/USDC PERP0.61550.0033pay 0.0004% / 1h36m 42s$7$1412x
ShortdYdX RUNE-USD0.63840.0204get 0.0025% / 1h36m 42s$27K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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
$35.8
Price spread: +3.726% → 0.000%
$372.64
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$398.43
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; dYdX: 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 Injective no order-book sample
Sell dYdX no order-book sample
Injective and dYdX: 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%1h0.6389+3.802%10xas long as short
Injective RUNE/USDC PERPlong+0.0033%1h0.6155long leg$7$1412x
BloFin RUNE-USDT+0.0097%8h0.6391+3.834%$439K$210K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6378+3.623%$5.0M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6377+3.607%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6398+3.948%$636K$371K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6387+3.769%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6393+3.867%$990K$363K50xas long as short
Variational Omni RUNE+0.0100%8h0.6395+3.903%$185K$70Kas long as short
BingX RUNE-USDT+0.0101%8h0.6392+3.851%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0102%8h0.6397+3.932%$1.6M$771K50xas long as short
Extended RUNE-USD+0.0104%1h0.6385+3.735%$4K$206K10xas long as short
dYdX RUNE-USDshort+0.0204%1h0.6384+3.726%$27K$32K5x
Kraken Futures PF_RUNEUSD+0.0768%1h0.6386+3.761%$148K$321K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6430+4.468%$37K$29K25xas long as short
Hyperliquid RUNE+0.1443%1h0.6391+3.836%$1.8M$1.1M5xas long as short