Funding arb · Price arb /

RUNE

all RUNE markets

Swap Backtest

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: MEXC against Bitget+0.091%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$950.953% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.084%−$8 · spread now +0.091%, 7d avg −0.035%

Together, before fees−0.150%−$15 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 0.126% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget RUNEUSDT	0.6584	0.0100	pay 0.0100% / 8h	7h 32m	$1.6M	$632K	50x
Short	MEXC RUNE_USDT	0.6590	0.0100	get 0.0100% / 8h	7h 32m	$3.6M	$2.4M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now +0.091%Rate

Funding earned: $0
Price spread: +0.091% → −0.035%: $12.57
Slippage, 4 orders: −$79.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$82.7
Costs to cover: 0.953%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 5 min ago.

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, 4 min ago	4.56 bp	48.7 bp −$49	173.3 bp −$1,733	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	3.81 bp	7.9 bp −$8	17.3 bp −$173	104.4 bp −$10.4K	229.1 bp −$114.5K

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit RUNE_USDC-PERPETUAL	−0.0509%	1h	0.6582	−0.030%	—	—	10x	as long as short
Injective RUNE/USDC PERP	+0.0033%	1h	0.6155	−6.516%	$7	$14	12x	as long as short
Coinbase International RUNE-PERP-INTX	+0.0056%	1h	0.6607	+0.349%	$39K	$32K	25x	as long as short
Binance RUNEUSDT	+0.0100%	8h	0.6585	+0.008%	$5.2M	$12.6M	75x	as long as short
Bybit RUNEUSDT	+0.0100%	8h	0.6584	0.000%	$2.9M	$2.1M	75x	as long as short
Gate RUNE_USDT	+0.0100%	8h	0.6590	+0.091%	$667K	$344K	50x	as long as short
MEXC RUNE_USDTshort	+0.0100%	8h	0.6590	+0.091%	$3.6M	$2.4M	125x
KuCoin RUNEUSDTM	+0.0100%	8h	0.6588	+0.061%	$928K	$239K	50x	as long as short
Bitget RUNEUSDTlong	+0.0100%	8h	0.6584	long leg	$1.6M	$632K	50x
BingX RUNE-USDT	+0.0100%	8h	0.6589	+0.076%	—	$59.0M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni RUNE	+0.0100%	8h	0.6563	−0.319%	$129K	$7K	—	as long as short
BloFin RUNE-USDT	+0.0101%	8h	0.6587	+0.046%	$484K	$188K	75x	as long as short
Extended RUNE-USD	+0.0104%	1h	0.6590	+0.084%	$4K	$167K	10x	as long as short
dYdX RUNE-USD	+0.0482%	1h	0.6585	+0.014%	$56K	$5K	5x	as long as short
Kraken Futures PF_RUNEUSD	+0.0595%	1h	0.6604	+0.300%	$196K	$239K	20x	as long as short
Hyperliquid RUNE	+0.1002%	1h	0.6599	+0.232%	$1.8M	$969K	5x	as long as short