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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.031%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.014%−$1 · spread now −0.031%, 7d avg −0.010%
Together, before fees−0.089%−$9 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: MEXC is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RUNE-USDT0.63830.0100pay 0.0100% / 8h1h 59m$59.1M
ShortMEXC RUNE_USDT0.63810.0100get 0.0100% / 8h1h 59m$3.2M$1.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.031% → −0.010%
−$2.1
Slippage, 4 orders
−$44.17
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$60.27
Costs to cover
0.582%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 3 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 BingX live order book, 10 min ago6.31 bp20.3 bp −$2051.7 bp −$517347.5 bp −$34.8K510.5 bp −$255.3K
Sell MEXC live order book, 3 min ago0.79 bp7.3 bp −$721.9 bp −$219103.9 bp −$10.4K232.1 bp −$116.1K

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−0.1936%1h0.6389+0.094%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.572%$7$2412xas long as short
BloFin RUNE-USDT+0.0096%8h0.6387+0.063%$451K$154K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6386+0.051%$4.7M$10.0M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6381−0.031%$2.7M$1.6M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6384+0.016%$657K$293K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6381−0.031%$3.2M$1.5M125x
KuCoin RUNEUSDTM+0.0100%8h0.6370−0.204%$908K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6394+0.172%$1.6M$474K50xas long as short
BingX RUNE-USDTlong+0.0100%8h0.6383long leg$59.1M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6357−0.411%$125K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6379−0.062%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6382−0.016%$38K$16K25xas long as short
Hyperliquid RUNE+0.0902%1h0.6404+0.327%$1.7M$861K5xas long as short
dYdX RUNE-USD+0.1990%1h0.6351−0.498%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2142%1h0.6396+0.207%$177K$214K20xas long as short