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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni−0.047%7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.047%, 7d avg +0.013%
Together, before fees−0.063%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$6 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 0.061% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RUNE0.63290.0100pay 0.0100% / 8h1h 55m$183K$70K
ShortExtended RUNE-USD0.63260.0104get 0.0013% / 1h55m 42s$4K$156K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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: −0.047% → +0.013%
−$6.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$10.22
Costs to cover
0.050%
Break-even
92.1 days
Slippage unknown: Variational Omni: RFQ quote, 53 min ago; Extended: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 53 min ago6.33 bpdoesn't fit64.9 bp −$649doesn't fitdoesn't fit
Sell Extended live order book, 50 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%1h0.6327−0.038%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.755%$7$1412xas long as short
dYdX RUNE-USD+0.0067%1h0.6340+0.171%$27K$32K5xas long as short
Binance RUNEUSDT+0.0100%8h0.6328−0.022%$4.9M$16.2M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6330+0.010%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6337+0.120%$627K$364K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6328−0.022%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6335+0.089%$977K$367K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6340+0.168%$1.5M$786K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6332+0.041%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNElong+0.0100%8h0.6329long leg$183K$70K
Extended RUNE-USDshort+0.0104%1h0.6326−0.047%$4K$156K10x
BloFin RUNE-USDT+0.0116%8h0.6330+0.010%$434K$210K75xas long as short
Kraken Futures PF_RUNEUSD+0.0861%1h0.6328−0.027%$153K$306K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6374+0.705%$37K$30K25xas long as short
Hyperliquid RUNE+0.1439%1h0.6340+0.174%$1.8M$1.2M5xas long as short