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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.692%
Price spread now: dYdX against Binance−0.516%7-day average · 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 7 days+2.064%+$206 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.516% cheaper against Binance than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.064%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63000.0100pay 0.0100% / 8h5h 53m$4.8M$15.1M75x
ShortdYdX RUNE-USD0.62680get 0.0000% / 1h53m 12s$27K$32K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.516% → 0.000%
−$51.62
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$92.62
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; dYdX: no order-book sample. 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 Binance live order book, 2 min ago0.80 bp19.3 bp −$1967.6 bp −$676doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RUNE on 15 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
dYdX RUNE-USDshort0.0000%1h0.6268−0.516%$27K$32K5x
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.306%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0068%1h0.6296−0.068%10xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6300long leg$4.8M$15.1M75x
Bybit RUNEUSDT+0.0100%8h0.6295−0.084%$2.8M$2.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6285−0.242%$624K$363K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6303+0.043%$3.7M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6279−0.338%$905K$323K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6313+0.202%$1.5M$757K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6301+0.012%$59.0Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6319+0.305%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6289−0.176%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0504%1h0.6319+0.297%$37K$31K25xas long as short
Hyperliquid RUNE+0.1220%1h0.6298−0.033%$1.7M$1.1M5xas long as short
Kraken Futures PF_RUNEUSD+0.2073%1h0.6313+0.201%$182K$282K20xas long as short