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: BingX against Binance+0.048%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.048%, 7d avg +0.014%
Together, before fees+0.010%+$1 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: BingX is 0.034% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63560.0100pay 0.0100% / 8h4h 23m$4.8M$15.7M75x
ShortBingX RUNE-USDT0.63590.0100get 0.0100% / 8h4h 23m$58.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: +0.048% → +0.014%
$3.44
Slippage, 4 orders
−$64.38
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$80.94
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 16 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 Binance live order book, 3 min ago0.79 bp15.5 bp −$1660.1 bp −$601doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago4.73 bp25.5 bp −$2566.2 bp −$662378.5 bp −$37.9K505.5 bp −$252.7K

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%1h0.6155−3.162%$7$1412xas long as short
dYdX RUNE-USD+0.0044%1h0.6350−0.096%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0065%1h0.6357+0.017%10xas long as short
BloFin RUNE-USDT+0.0076%8h0.6353−0.046%$445K$195K75xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6356long leg$4.8M$15.7M75x
Bybit RUNEUSDT+0.0100%8h0.6355−0.015%$2.9M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6353−0.046%$630K$369K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6355−0.015%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6359+0.048%$913K$335K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6365+0.142%$1.6M$775K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDTshort+0.0100%8h0.6359+0.048%$58.9M
Variational Omni RUNE+0.0100%8h0.6352−0.057%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6354−0.025%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.473%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0986%1h0.6362+0.102%$179K$288K20xas long as short
Hyperliquid RUNE+0.1764%1h0.6367+0.174%$1.8M$1.1M5xas long as short