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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: Extended against Injective+3.059%80s7-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+0.053%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 3.059% dearer against Injective than usual: you sell high and buy low: +$306 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective RUNE/USDC PERP0.61550.0033pay 0.0004% / 1h7m 47s$7$1412x
ShortExtended RUNE-USD0.63430.0104get 0.0013% / 1h7m 47s$4K$165K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$14.84
Price spread: +3.059% → 0.000%
$305.93
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$315.75
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 53 min ago. 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 Extended live order book, 53 min ago4.13 bp24.7 bp −$25242.6 bp −$2,426doesn't fitdoesn't fit
Injective: 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%1h0.6350+3.168%10xas long as short
Injective RUNE/USDC PERPlong+0.0033%1h0.6155long leg$7$1412x
Binance RUNEUSDT+0.0100%8h0.6339+2.991%$4.8M$15.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6342+3.038%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6357+3.282%$630K$376K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6337+2.957%$3.6M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6351+3.184%$921K$332K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6348+3.136%$1.5M$766K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6344+3.071%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6361+3.351%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0101%8h0.6352+3.201%$229K$193K75xas long as short
Extended RUNE-USDshort+0.0104%1h0.6343+3.059%$4K$165K10x
dYdX RUNE-USD+0.0152%1h0.6346+3.108%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0504%1h0.6381+3.672%$37K$31K25xas long as short
Hyperliquid RUNE+0.1498%1h0.6359+3.316%$1.7M$1.0M5xas long as short
Kraken Futures PF_RUNEUSD+0.2059%1h0.6355+3.244%$181K$286K20xas long as short