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

RUNE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.039%
Price spread now: Injective against BingX−2.949%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−0.103%−$10 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 −$2 a day on $10k at the current rate, and Injective is 2.949% cheaper against BingX than usual: you would sell low and buy high (−$295 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63420.0100pay 0.0100% / 8h2h 11m$59.0M
ShortInjective RUNE/USDC PERP0.61550.0033get 0.0004% / 1h11m 18s$7$2412x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BingX. 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
−$14
Price spread: −2.949% → 0.000%
−$294.86
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$318.88
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 13 min ago; Injective: 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 BingX live order book, 13 min ago3.92 bp23.9 bp −$2450.9 bp −$509318.7 bp −$31.9K491.3 bp −$245.6K
Sell Injective no order-book sample
Injective: 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 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−0.1952%1h0.6344+0.032%10xas long as short
Injective RUNE/USDC PERPshort+0.0033%1h0.6155−2.949%$7$2412x
Binance RUNEUSDT+0.0100%8h0.6341−0.014%$4.7M$9.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6336−0.095%$2.7M$1.5M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6338−0.063%$653K$293K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6340−0.032%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6338−0.063%$904K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6344+0.032%$1.5M$472K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6342long leg$59.0M
Variational Omni RUNE+0.0100%8h0.6373+0.484%$126K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6340−0.034%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0111%8h0.6345+0.047%$451K$152K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6383+0.646%$38K$16K25xas long as short
Hyperliquid RUNE+0.0497%1h0.6354+0.188%$1.6M$858K5xas long as short
dYdX RUNE-USD+0.1761%1h0.6341−0.018%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2415%1h0.6363+0.330%$176K$214K20xas long as short