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: KuCoin against Binance−0.032%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1481.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.032%, 7d avg −0.037%
Together, before fees−0.085%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.66210.0100pay 0.0100% / 8h7h 52m$5.2M$12.1M75x
ShortKuCoin RUNEUSDTM0.66190.0100get 0.0100% / 8h7h 52m$943K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.032% → −0.037%
$0.44
Slippage, 4 orders
−$126.11
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$147.67
Costs to cover
1.481%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 2 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 ago1.51 bp17.6 bp −$1859.2 bp −$592doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago9.06 bp53.4 bp −$53191.2 bp −$1,912doesn'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−0.0204%1h0.6612−0.138%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−7.040%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6668+0.708%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0099%8h0.6618−0.047%$470K$186K75xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6621long leg$5.2M$12.1M75x
Bybit RUNEUSDT+0.0100%8h0.6621−0.002%$3.0M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6607−0.214%$670K$327K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6625+0.058%$3.8M$2.3M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6619−0.032%$943K$236K50x
Bitget RUNEUSDT+0.0100%8h0.6624+0.043%$1.6M$622K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6629+0.119%$59.1Mas long as short
Variational Omni RUNE+0.0100%8h0.6665+0.656%$131K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6593−0.431%$4K$169K10xas long as short
dYdX RUNE-USD+0.0459%1h0.6598−0.350%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.0593%1h0.6625+0.059%$195K$235K20xas long as short
Hyperliquid RUNE+0.1050%1h0.6633+0.175%$1.8M$955K5xas long as short