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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni−0.509%7-day average +0.024% · 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 3 days (all we have)+0.027%+$3 on $10k
Price spread, last 3 days (all we have)+0.374%+$37 · spread now −0.509%, 7d avg +0.024%
Together, before fees+0.401%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$40 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 0.533% cheaper against Variational Omni than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RUNE0.66650.0100pay 0.0100% / 8h7h 55m$131K$8K
ShortExtended RUNE-USD0.66310.0104get 0.0013% / 1h55m 17s$4K$165K10x

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: −0.509% → +0.024%
−$53.31
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
−$57.47
Costs to cover
0.050%
Break-even
485.9 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Extended: live order book, 16 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, 19 min ago5.43 bpdoesn't fit67.4 bp −$674doesn't fitdoesn't fit
Sell Extended live order book, 16 min ago5.03 bp25.9 bp −$26202.3 bp −$2,023doesn'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−0.0503%1h0.6631−0.504%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−7.646%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6668+0.051%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0077%8h0.6649−0.234%$467K$187K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6632−0.489%$5.1M$12.0M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6635−0.444%$3.0M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6639−0.384%$683K$321K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6638−0.399%$3.8M$2.3M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6634−0.459%$933K$226K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6629−0.534%$1.6M$620K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6636−0.429%$59.1Mas long as short
Variational Omni RUNElong+0.0100%8h0.6665long leg$131K$8K
Extended RUNE-USDshort+0.0104%1h0.6631−0.509%$4K$165K10x
Kraken Futures PF_RUNEUSD+0.0593%1h0.6630−0.519%$195K$233K20xas long as short
dYdX RUNE-USD+0.0771%1h0.6656−0.137%$57K$5K5xas long as short
Hyperliquid RUNE+0.0955%1h0.6645−0.290%$1.8M$955K5xas long as short