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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.003%
Price spread now: Extended against Bitget−0.081%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.081%, 7d avg −0.085%
Together, before fees+0.076%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RUNEUSDT0.64320.0103pay 0.0103% / 8h5h 29m$1.5M$785K50x
ShortExtended RUNE-USD0.64270.0104get 0.0013% / 1h29m 07s$23K$227K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.21
Price spread: −0.081% → −0.085%
$0.36
Slippage, 4 orders
−$85.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$101.8
Costs to cover
1.024%
Break-even
3400.3 days
Slippage from Bitget: live order book, 11 min ago; Extended: live order book, 15 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, 11 min ago3.86 bp27.6 bp −$28101.5 bp −$1,015doesn't fitdoesn't fit
Sell Extended live order book, 15 min ago4.02 bp23.5 bp −$23213.2 bp −$2,132doesn't fitdoesn't fit

RUNE on 16 exchanges

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%1h0.6430−0.031%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.307%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6424−0.132%$5.2M$16.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6425−0.109%$3.0M$3.0M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6430−0.031%$658K$401K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6421−0.171%$3.7M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6428−0.062%$1.0M$372K50xas long as short
Variational Omni RUNE+0.0100%8h0.6431−0.008%$186K$72Kas long as short
Bitget RUNEUSDTlong+0.0103%8h0.6432long leg$1.5M$785K50x
Extended RUNE-USDshort+0.0104%1h0.6427−0.081%$23K$227K10x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin RUNE-USDT+0.0112%8h0.6431−0.016%$339K$227K75xas long as short
BingX RUNE-USDT+0.0113%8h0.6429−0.047%$11.7Mas long as short
Kraken Futures PF_RUNEUSD+0.0532%1h0.6430−0.031%$157K$271K20xas long as short
Hyperliquid RUNE+0.0817%1h0.6429−0.045%$2.0M$1.1M5xas long as short
dYdX RUNE-USD+0.0943%1h0.6431−0.019%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1000%1h0.6509+1.197%$37K$28K25xas long as short