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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.525%
Price spread now: dYdX against KuCoin−0.176%7-day average · you buy dearer than you sell
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+2.018%+$202 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and dYdX is 0.176% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.018%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RUNEUSDTM0.63320.0100pay 0.0100% / 8h1h 39m$976K$367K50x
ShortdYdX RUNE-USD0.63210.0087get 0.0011% / 1h39m 34s$27K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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
−$2.76
Price spread: −0.176% → 0.000%
−$17.58
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.34
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 50 min ago; 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 KuCoin live order book, 50 min ago3.18 bp78.9 bp −$79213.1 bp −$2,131doesn't fitdoesn't fit
Sell dYdX no order-book sample
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%1h0.6326−0.095%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.795%$7$1412xas long as short
dYdX RUNE-USDshort+0.0087%1h0.6321−0.176%$27K$32K5x
Binance RUNEUSDT+0.0100%8h0.6315−0.271%$4.9M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6321−0.174%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.63320.000%$627K$365K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6322−0.158%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTMlong+0.0100%8h0.6332long leg$976K$367K50x
Bitget RUNEUSDT+0.0100%8h0.6327−0.079%$1.5M$789K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6327−0.079%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6338+0.101%$183K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6321−0.170%$8K$160K10xas long as short
BloFin RUNE-USDT+0.0120%8h0.63320.000%$440K$206K75xas long as short
Kraken Futures PF_RUNEUSD+0.0862%1h0.6323−0.137%$152K$304K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6361+0.458%$37K$30K25xas long as short
Hyperliquid RUNE+0.1613%1h0.6329−0.049%$1.8M$1.2M5xas long as short