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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.062%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.588% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.062%, 7d avg +0.011%
Together, before fees+0.170%+$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: BingX is 0.073% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.64230.0100pay 0.0100% / 8h1h 47m$3.4M$1.6M125x
ShortBingX RUNE-USDT0.64190.0100get 0.0100% / 8h1h 47m$59.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.062% → +0.011%
−$7.3
Slippage, 4 orders
−$44.76
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.06
Costs to cover
0.588%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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 MEXC live order book, 5 min ago2.33 bp8.3 bp −$837.0 bp −$370114.7 bp −$11.5K239.9 bp −$119.9K
Sell BingX live order book, 6 min ago5.43 bp19.3 bp −$1949.9 bp −$499392.2 bp −$39.2K529.2 bp −$264.6K

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-PERPETUAL−0.1459%1h0.6426+0.047%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.173%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6419−0.062%$4.8M$10.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6417−0.093%$2.8M$1.6M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6410−0.202%$659K$295K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6423long leg$3.4M$1.6M125x
KuCoin RUNEUSDTM+0.0100%8h0.6421−0.031%$905K$196K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.64230.000%$1.6M$487K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6419−0.062%$59.1M
Variational Omni RUNE+0.0100%8h0.6424+0.023%$127K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6421−0.029%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6455+0.498%$38K$16K25xas long as short
BloFin RUNE-USDT+0.0130%8h0.64230.000%$446K$156K75xas long as short
Hyperliquid RUNE+0.0604%1h0.6432+0.143%$1.7M$865K5xas long as short
dYdX RUNE-USD+0.1427%1h0.6415−0.118%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2127%1h0.6440+0.272%$178K$214K20xas long as short