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+0.0029%/8h= +3.1% APRpaid last 24h 0.000%
Price spread now: Extended against BloFin−0.294%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$780.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 3 days (all we have)+0.374%+$37 · spread now −0.294%, 7d avg −0.058%
Together, before fees+0.403%+ Points / potential airdropExtended: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.236% cheaper against BloFin than usual: you would sell low and buy high (spread −0.294% now, against its 7-day average of −0.058%). If the spread goes back, that is −$24 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.029% in total) that is about 56 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.64760.0075pay 0.0075% / 8h18m 39s$458K$162K75x
ShortExtended RUNE-USD0.64570.0104get 0.0013% / 1h18m 39s$4K$170K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$6
Price spread: −0.294% → −0.058%
−$23.6
Slippage, 4 orders
−$61.18
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$95.78
Costs to cover
0.782%
Break-even
118.8 days
Slippage from BloFin: live order book, 57 min ago; Extended: live order book, 57 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, 57 min ago1.56 bp17.6 bp −$1846.9 bp −$469doesn't fitdoesn't fit
Sell Extended live order book, 57 min ago4.21 bp24.4 bp −$24228.3 bp −$2,283doesn't fitdoesn't fit

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−0.0675%1h0.6477+0.015%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6477+0.015%$42K$28K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.957%$7$2412xas long as short
BloFin RUNE-USDTlong+0.0075%8h0.6476long leg$458K$162K75x
Binance RUNEUSDT+0.0100%8h0.6461−0.232%$4.9M$10.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6454−0.340%$2.7M$1.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6462−0.216%$664K$315K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6456−0.309%$3.5M$1.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6468−0.124%$898K$212K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6465−0.170%$1.6M$550K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6466−0.154%$59.1Mas long as short
Variational Omni RUNE+0.0100%8h0.6452−0.376%$127K$8Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6457−0.294%$4K$170K10x
Hyperliquid RUNE+0.1086%1h0.6484+0.124%$1.8M$935K5xas long as short
dYdX RUNE-USD+0.1431%1h0.6460−0.255%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1681%1h0.6481+0.074%$191K$230K20xas long as short