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: Gate against MEXC+0.016%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1391.393% 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 4 days (all we have)−0.044%−$4 · spread now +0.016%, 7d avg +0.057%
Together, before fees+0.022%+$2 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: Gate is 0.041% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63460.0100pay 0.0100% / 8h4h 14m$3.5M$3.5M125x
ShortGate RUNE_USDT0.63470.0100get 0.0100% / 8h4h 14m$629K$369K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.016% → +0.057%
−$4.12
Slippage, 4 orders
−$120.32
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$143.44
Costs to cover
1.393%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 42 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, 2 min ago0.79 bp7.4 bp −$721.6 bp −$216111.3 bp −$11.1K240.9 bp −$120.4K
Sell Gate live order book, 42 min ago3.94 bp60.5 bp −$61doesn't fitdoesn'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
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.010%$7$1412xas long as short
dYdX RUNE-USD+0.0051%1h0.6335−0.169%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0065%1h0.6351+0.079%10xas long as short
BloFin RUNE-USDT+0.0073%8h0.6347+0.016%$445K$195K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6347+0.015%$4.8M$15.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6341−0.079%$2.8M$2.8M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6347+0.016%$629K$369K50x
MEXC RUNE_USDTlong+0.0100%8h0.6346long leg$3.5M$3.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.63460.000%$911K$334K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6355+0.142%$1.6M$774K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6349+0.047%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6347+0.014%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6345−0.020%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.630%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0986%1h0.6358+0.197%$179K$288K20xas long as short
Hyperliquid RUNE+0.1809%1h0.6361+0.232%$1.8M$1.1M5xas long as short