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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: Variational Omni against BloFin+0.093%7-day average −0.076% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.386%+$39 · spread now +0.093%, 7d avg −0.076%
Together, before fees+0.370%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.169% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RUNE-USDT0.63920.0090pay 0.0090% / 8h7h 32m$327K$210K75x
ShortVariational Omni RUNE0.63980.0100get 0.0100% / 8h7h 32m$185K$70K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$2.15
Price spread: +0.093% → −0.076%
$16.91
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$7.06
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 34 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

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, 34 min ago0.78 bp12.2 bp −$1231.3 bp −$313doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago5.47 bpdoesn't fit64.8 bp −$648doesn'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-PERPETUAL0.0000%1h0.63920.000%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.708%$7$1412xas long as short
BloFin RUNE-USDTlong+0.0090%8h0.6392long leg$327K$210K75x
Binance RUNEUSDT+0.0100%8h0.6376−0.243%$5.1M$16.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6376−0.250%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6405+0.203%$671K$380K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6393+0.016%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6399+0.110%$992K$365K50xas long as short
Variational Omni RUNEshort+0.0100%8h0.6398+0.093%$185K$70K
Extended RUNE-USD+0.0104%1h0.6390−0.033%$4K$212K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0160%8h0.6403+0.172%$1.5M$799K50xas long as short
BingX RUNE-USDT+0.0161%8h0.6402+0.156%$3.9Mas long as short
dYdX RUNE-USD+0.0171%1h0.6399+0.117%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6446+0.845%$37K$30K25xas long as short
Hyperliquid RUNE+0.1302%1h0.6403+0.167%$1.8M$1.2M5xas long as short
Kraken Futures PF_RUNEUSD+0.1679%1h0.6402+0.159%$149K$314K20xas long as short