RUNE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.351%

7d average—if it closes, per $10,000$35funding while held, a day+$6.60

Long on Bitget Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RUNEUSDT	0.6274	0.0100	pay 0.0100% / 8h	4h 55m	$1.5M	$411K	50x
Short	Coinbase International RUNE-PERP-INTX	0.6296	0.0320	get 0.0040% / 1h	55m 46s	$38K	$16K	25x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BitgetbpFee Coinbase InternationalbpOrdersClose when spread is

Spread captured: $35.07
Funding while held: $6.6
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $19.67
Spread needed to break even: 0.220%

Slippage unknown: Bitget: live order book, 2 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0220%
Per $10,000 a day: +$6.60
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	5.57 bp	27.8 bp −$28	115.9 bp −$1,159	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective0.6155cheapest Variational Omni0.6254+1.611%Extended0.6263+1.750%MEXC0.6265+1.787%Bybit0.6266+1.803%Binance0.6268+1.840%KuCoin0.6269+1.852%BingX0.6269+1.852%Deribit0.6269+1.852%dYdX0.6272+1.895%BloFin0.6272+1.901%Kraken Futures0.6273+1.914%Gate0.6274+1.933%

Bitget0.6274+1.933%

Hyperliquid0.6279+2.016%

Coinbase International0.6296+2.291%

RUNE on 16 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective RUNE/USDC PERP	−1.897%	+0.0033%	1h	$7	$35K	12x	as long as short
Variational Omni RUNE	−0.316%	+0.0100%	8h	$123K	$9K	—	as long as short
Extended RUNE-USD	−0.180%	+0.0104%	1h	$4K	$170K	10x	as long as short
MEXC RUNE_USDT	−0.143%	+0.0100%	8h	$2.9M	$1.3M	125x	as long as short
Bybit RUNEUSDT	−0.128%	+0.0100%	8h	$2.6M	$1.2M	75x	as long as short
Binance RUNEUSDT	−0.092%	+0.0100%	8h	$4.5M	$8.1M	75x	as long as short
KuCoin RUNEUSDTM	−0.080%	+0.0100%	8h	$899K	$161K	50x	as long as short
BingX RUNE-USDT	−0.080%	+0.0100%	8h	—	$59.1M	—	as long as short
Deribit RUNE_USDC-PERPETUAL	−0.080%	−0.0388%	1h	—	—	10x	as long as short
dYdX RUNE-USD	−0.038%	+0.1916%	1h	$53K	$2K	5x	as long as short

Show all 16 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin RUNE-USDT	−0.032%	+0.0220%	8h	$439K	$107K	75x	as long as short
Kraken Futures PF_RUNEUSD	−0.019%	−0.0458%	1h	$159K	$211K	20x	as long as short
Gate RUNE_USDT	0.000%	+0.0100%	8h	$646K	$260K	50x	as long as short
Bitget RUNEUSDTlong	0.000%	+0.0100%	8h	$1.5M	$411K	50x
Hyperliquid RUNE	+0.081%	+0.0408%	1h	$1.6M	$815K	5x	as long as short
Coinbase International RUNE-PERP-INTXshort	+0.351%	+0.0320%	1h	$38K	$16K	25x