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: Variational Omni against Binance−0.231%7-day average −0.044% · 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 3 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.430%+$43 · spread now −0.231%, 7d avg −0.044%
Together, before fees+0.416%+ Points / potential airdropVariational Omni: Active · farm board+$42 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: Variational Omni is 0.188% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance RUNEUSDT0.63380.0100pay 0.0100% / 8h4h 40m$4.8M$15.7M75x
ShortVariational Omni RUNE0.63230.0100get 0.0100% / 8h4h 40m$186K$67K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.231% → −0.044%
−$18.79
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.79
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Variational Omni: RFQ quote, 18 min ago. 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, 15 min ago1.58 bp21.7 bp −$2270.7 bp −$707doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 18 min ago7.88 bpdoesn't fit104.0 bp −$1,040doesn'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-PERPETUAL0.0000%1h0.6330−0.126%10xas long as short
dYdX RUNE-USD+0.0003%1h0.6327−0.177%$27K$32K5xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.887%$7$1412xas long as short
Binance RUNEUSDTlong+0.0100%8h0.6338long leg$4.8M$15.7M75x
Bybit RUNEUSDT+0.0100%8h0.6333−0.079%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6333−0.079%$627K$366K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6334−0.063%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6332−0.095%$910K$334K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6344+0.095%$1.6M$775K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6334−0.063%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNEshort+0.0100%8h0.6323−0.231%$186K$67K
Extended RUNE-USD+0.0104%1h0.6333−0.073%$4K$164K10xas long as short
BloFin RUNE-USDT+0.0123%8h0.6321−0.268%$447K$193K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6381+0.678%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0989%1h0.6341+0.042%$180K$287K20xas long as short
Hyperliquid RUNE+0.1698%1h0.6346+0.125%$1.7M$1.0M5xas long as short