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

RUNE

all RUNE markets
SwapBacktest
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: Binance against Bybit+0.032%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1171.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.032%, 7d avg +0.006%
Together, before fees−0.063%−$6 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: Binance is 0.026% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.64560.0100pay 0.0100% / 8h6h 48m$2.9M$2.4M75x
ShortBinance RUNEUSDT0.64580.0100get 0.0100% / 8h6h 48m$5.1M$13.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
Price spread: +0.032% → +0.006%
$2.63
Slippage, 4 orders
−$95.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$114.17
Costs to cover
1.168%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 7 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 Bybit live order book, 4 min ago8.33 bp44.5 bp −$44145.7 bp −$1,457doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.53 bp17.3 bp −$1759.9 bp −$599doesn'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−0.0059%1h0.6472+0.248%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.662%$7$1412xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6458+0.032%$5.1M$13.9M75x
Bybit RUNEUSDTlong+0.0100%8h0.6456long leg$2.9M$2.4M75x
Gate RUNE_USDT+0.0100%8h0.6467+0.170%$652K$347K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6455−0.015%$3.6M$3.0M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6465+0.139%$911K$269K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6460+0.062%$1.6M$702K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6469+0.201%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6603+2.284%$160K$37Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6472+0.253%$4K$165K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0104%1h0.6566+1.704%$39K$32K25xas long as short
BloFin RUNE-USDT+0.0127%8h0.6537+1.255%$478K$193K75xas long as short
Hyperliquid RUNE+0.0973%1h0.6470+0.221%$1.8M$1.0M5xas long as short
dYdX RUNE-USD+0.1049%1h0.6517+0.940%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.1723%1h0.6482+0.409%$186K$274K20xas long as short