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: Binance against Bitget−0.073%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$880.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 7 days+0.093%+$9 · spread now −0.073%, 7d avg −0.037%
Together, before fees+0.028%+$3 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: Binance is 0.036% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.63190.0100pay 0.0100% / 8h3h 00m$1.5M$776K50x
ShortBinance RUNEUSDT0.63140.0100get 0.0100% / 8h3h 00m$4.8M$16.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.073% → −0.037%
−$3.62
Slippage, 4 orders
−$66.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$91.7
Costs to cover
0.881%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 11 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 Bitget live order book, 2 min ago3.95 bp25.2 bp −$25102.4 bp −$1,024doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.58 bp18.5 bp −$1969.7 bp −$697doesn'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%1h0.6314−0.079%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.595%$7$1412xas long as short
BloFin RUNE-USDT+0.0078%8h0.6323+0.063%$433K$210K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6314−0.073%$4.8M$16.0M75x
Bybit RUNEUSDT+0.0100%8h0.6316−0.047%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.63190.000%$626K$371K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6314−0.079%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6320+0.016%$975K$362K50xas long as short
Bitget RUNEUSDTlong+0.0100%8h0.6319long leg$1.5M$776K50x
BingX RUNE-USDT+0.0100%8h0.6314−0.079%$58.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6314−0.073%$186K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6312−0.114%$4K$150K10xas long as short
dYdX RUNE-USD+0.0309%1h0.6316−0.041%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6395+1.203%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0956%1h0.6319+0.005%$163K$312K20xas long as short
Hyperliquid RUNE+0.1610%1h0.6323+0.060%$1.8M$1.1M5xas long as short