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: Bybit against MEXC+0.031%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.031%, 7d avg −0.005%
Together, before fees+0.029%+$3 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: Bybit is 0.037% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63650.0100pay 0.0100% / 8h1h 03m$3.4M$1.7M125x
ShortBybit RUNEUSDT0.63670.0100get 0.0100% / 8h1h 03m$2.7M$1.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.031% → −0.005%
$3.67
Slippage, 4 orders
−$73.67
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$85.01
Costs to cover
0.887%
Break-even
never at this rate
Slippage from MEXC: live order book, 8 min ago; Bybit: live order book, 8 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, 8 min ago1.56 bp9.2 bp −$922.3 bp −$223109.1 bp −$10.9K238.2 bp −$119.1K
Sell Bybit live order book, 8 min ago3.91 bp35.6 bp −$36165.3 bp −$1,653doesn'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-PERPETUAL−0.0378%1h0.6369+0.063%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.299%$7$2412xas long as short
BloFin RUNE-USDT+0.0075%8h0.6383+0.283%$445K$156K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6373+0.120%$4.8M$10.6M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6367+0.031%$2.7M$1.7M75x
Gate RUNE_USDT+0.0100%8h0.6374+0.141%$658K$305K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6365long leg$3.4M$1.7M125x
KuCoin RUNEUSDTM+0.0100%8h0.63650.000%$897K$206K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6378+0.204%$1.6M$516K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6368+0.047%$59.2Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6403+0.599%$126K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6363−0.031%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6432+1.053%$37K$18K25xas long as short
Hyperliquid RUNE+0.0763%1h0.6384+0.302%$1.7M$877K5xas long as short
dYdX RUNE-USD+0.1321%1h0.6400+0.545%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2146%1h0.6383+0.290%$188K$228K20xas long as short