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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.074%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1761.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.074%, 7d avg +0.004%
Together, before fees+0.172%+ Points / potential airdropExtended: Active · farm board+$17 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: Extended is 0.078% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RUNEUSDTM0.62740.0100pay 0.0100% / 8h2h 26m$965K$364K50x
ShortExtended RUNE-USD0.62690.0104get 0.0013% / 1h26m 18s$6K$153K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.074% → +0.004%
−$7.83
Slippage, 4 orders
−$158.82
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$182.8
Costs to cover
1.758%
Break-even
1530.3 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 19 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 KuCoin live order book, 3 min ago3.18 bp78.9 bp −$79213.1 bp −$2,131doesn't fitdoesn't fit
Sell Extended live order book, 19 min ago5.24 bp24.8 bp −$25243.7 bp −$2,437doesn't fitdoesn't fit

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%1h0.6275+0.016%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−1.897%$7$1412xas long as short
BloFin RUNE-USDT+0.0077%8h0.6270−0.064%$430K$207K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6271−0.048%$4.8M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6273−0.016%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6277+0.048%$622K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6271−0.048%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTMlong+0.0100%8h0.6274long leg$965K$364K50x
Bitget RUNEUSDT+0.0100%8h0.6273−0.016%$1.5M$782K50xas long as short
BingX RUNE-USDT+0.0100%8h0.62740.000%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6283+0.136%$185K$67Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6269−0.074%$6K$153K10x
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.929%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0830%1h0.6272−0.028%$158K$304K20xas long as short
dYdX RUNE-USD+0.0862%1h0.6275+0.015%$27K$32K5xas long as short
Hyperliquid RUNE+0.1448%1h0.6280+0.096%$1.8M$1.2M5xas long as short