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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.03 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bitget+0.016%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$870.874% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.049%−$5 · spread now +0.016%, 7d avg −0.026%
Together, before fees−0.049%−$5 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: BingX is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.64130.0161pay 0.0161% / 8h7h 49m$1.5M$795K50x
ShortBingX RUNE-USDT0.64140.0158get 0.0158% / 8h7h 49m$3.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$0.63
Price spread: +0.016% → −0.026%
$4.13
Slippage, 4 orders
−$65.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$83.91
Costs to cover
0.874%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 19 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 ago3.89 bp23.5 bp −$24110.8 bp −$1,108doesn't fitdoesn't fit
Sell BingX live order book, 19 min ago4.69 bp17.7 bp −$1849.9 bp −$499358.8 bp −$35.9K509.1 bp −$254.6K

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%1h0.64130.000%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.023%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6403−0.157%$5.1M$16.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6410−0.047%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6416+0.047%$672K$379K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6411−0.031%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6416+0.047%$994K$365K50xas long as short
Variational Omni RUNE+0.0100%8h0.6417+0.061%$185K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6402−0.171%$4K$212K10xas long as short
dYdX RUNE-USD+0.0127%1h0.6419+0.101%$27K$32K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0129%8h0.6421+0.125%$327K$211K75xas long as short
BingX RUNE-USDTshort+0.0158%8h0.6414+0.016%$3.9M
Bitget RUNEUSDTlong+0.0161%8h0.6413long leg$1.5M$795K50x
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6446+0.515%$37K$30K25xas long as short
Hyperliquid RUNE+0.1426%1h0.6416+0.045%$1.8M$1.2M5xas long as short
Kraken Futures PF_RUNEUSD+0.1674%1h0.6420+0.114%$150K$313K20xas long as short