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: Bitget against Binance+0.164%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1081.081% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 7 days−0.118%−$12 · spread now +0.164%, 7d avg +0.036%
Together, before fees−0.044%−$4 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: Bitget is 0.128% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63730.0100pay 0.0100% / 8h2h 20m$4.7M$9.8M75x
ShortBitget RUNEUSDT0.63830.0100get 0.0100% / 8h2h 20m$1.6M$470K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.164% → +0.036%
$12.75
Slippage, 4 orders
−$86.11
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$95.36
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 1 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, 4 min ago1.57 bp21.1 bp −$2166.5 bp −$665doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.26 bp37.1 bp −$37162.6 bp −$1,626doesn'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−0.1780%1h0.6390+0.273%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.414%$7$2412xas long as short
BloFin RUNE-USDT+0.0070%8h0.6390+0.273%$450K$153K75xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6373long leg$4.7M$9.8M75x
Bybit RUNEUSDT+0.0100%8h0.6371−0.025%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6386+0.211%$658K$291K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6374+0.022%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6383+0.164%$910K$190K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6383+0.164%$1.6M$470K50x
BingX RUNE-USDT+0.0100%8h0.6374+0.022%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6401+0.450%$126K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6380+0.118%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6425+0.823%$38K$16K25xas long as short
Hyperliquid RUNE+0.0421%1h0.6401+0.441%$1.7M$858K5xas long as short
dYdX RUNE-USD+0.1781%1h0.6387+0.221%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2397%1h0.6410+0.587%$177K$214K20xas long as short