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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.08 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin+0.186%51s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.186%, 7d avg +0.003%
Together, before fees+0.016%+$2 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 0.183% dearer against BloFin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.64570.0108pay 0.0108% / 8h20m 18s$456K$161K75x
ShortBingX RUNE-USDT0.64690.0100get 0.0100% / 8h20m 18s$59.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$1.77
Price spread: +0.186% → +0.003%
$18.29
Slippage, 4 orders
−$54.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.09
Costs to cover
0.766%
Break-even
never at this rate
Slippage from BloFin: live order book, 55 min ago; BingX: live order book, 4 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 BloFin live order book, 55 min ago1.56 bp17.6 bp −$1846.9 bp −$469doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.66 bp20.0 bp −$2049.0 bp −$490308.3 bp −$30.8K473.9 bp −$237.0K

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-PERPETUAL−0.0522%1h0.6471+0.217%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6477+0.310%$42K$28K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.677%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6470+0.201%$4.9M$10.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6469+0.186%$2.7M$1.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6475+0.279%$665K$315K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6475+0.279%$3.5M$1.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6468+0.170%$898K$212K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6469+0.186%$1.6M$547K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6469+0.186%$59.1M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6452−0.083%$127K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6475+0.275%$4K$170K10xas long as short
BloFin RUNE-USDTlong+0.0108%8h0.6457long leg$456K$161K75x
Hyperliquid RUNE+0.1090%1h0.6491+0.520%$1.8M$931K5xas long as short
dYdX RUNE-USD+0.1372%1h0.6460+0.039%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1681%1h0.6481+0.373%$191K$230K20xas long as short