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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.252%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days−0.256%−$26 · spread now +0.252%, 7d avg +0.035%
Together, before fees−0.189%−$19 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: Bitget is 0.216% dearer against MEXC than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63600.0100pay 0.0100% / 8h6h 41m$3.7M$3.1M125x
ShortBitget RUNEUSDT0.63760.0100get 0.0100% / 8h6h 41m$1.6M$726K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.252% → +0.035%
$21.65
Slippage, 4 orders
−$144.42
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$138.78
Costs to cover
1.604%
Break-even
never at this rate
Slippage from MEXC: live order book, 10 min ago; Bitget: live order book, 5 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, 10 min ago2.27 bp7.7 bp −$832.1 bp −$321109.9 bp −$11.0K225.3 bp −$112.7K
Sell Bitget live order book, 5 min ago4.67 bp76.5 bp −$76329.8 bp −$3,298doesn'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%1h0.6363+0.047%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.223%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6362+0.031%$5.0M$14.4M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6365+0.079%$2.9M$2.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6372+0.189%$642K$359K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6360long leg$3.7M$3.1M125x
KuCoin RUNEUSDTM+0.0100%8h0.6367+0.110%$900K$287K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6376+0.252%$1.6M$726K50x
BingX RUNE-USDT+0.0100%8h0.6368+0.126%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6415+0.857%$156K$37Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6361+0.023%$4K$165K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0104%1h0.6566+3.239%$39K$32K25xas long as short
BloFin RUNE-USDT+0.0127%8h0.6537+2.783%$478K$193K75xas long as short
dYdX RUNE-USD+0.0743%1h0.6379+0.299%$54K$5K5xas long as short
Hyperliquid RUNE+0.0836%1h0.6369+0.148%$1.7M$1.0M5xas long as short
Kraken Futures PF_RUNEUSD+0.1754%1h0.6366+0.100%$183K$274K20xas long as short