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 Binance−0.020%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.020%, 7d avg −0.028%
Together, before fees+0.008%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.66320.0100pay 0.0100% / 8h7h 55m$5.1M$12.0M75x
ShortExtended RUNE-USD0.66310.0104get 0.0013% / 1h55m 24s$4K$165K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.020% → −0.028%
$0.81
Slippage, 4 orders
−$72.55
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$85.91
Costs to cover
0.876%
Break-even
722.9 days
Slippage from Binance: live order book, 15 min ago; Extended: 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, 15 min ago1.53 bp17.8 bp −$1874.2 bp −$742doesn'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%1h0.6631−0.015%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−7.192%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6668+0.543%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0077%8h0.6649+0.256%$467K$187K75xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6632long leg$5.1M$12.0M75x
Bybit RUNEUSDT+0.0100%8h0.6635+0.045%$3.0M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6639+0.106%$683K$321K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6638+0.090%$3.8M$2.3M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6634+0.030%$933K$226K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6629−0.045%$1.6M$620K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6636+0.060%$59.1Mas long as short
Variational Omni RUNE+0.0100%8h0.6665+0.492%$131K$8Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6631−0.020%$4K$165K10x
Kraken Futures PF_RUNEUSD+0.0593%1h0.6630−0.030%$195K$233K20xas long as short
dYdX RUNE-USD+0.0771%1h0.6656+0.354%$57K$5K5xas long as short
Hyperliquid RUNE+0.0955%1h0.6645+0.201%$1.8M$955K5xas long as short