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: BingX against Bybit+0.032%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.131% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days−0.015%−$2 · spread now +0.032%, 7d avg +0.021%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63300.0100pay 0.0100% / 8h1h 55m$2.8M$2.9M75x
ShortBingX RUNE-USDT0.63320.0100get 0.0100% / 8h1h 55m$58.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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% → +0.021%
$1.09
Slippage, 4 orders
−$92.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$111.98
Costs to cover
1.131%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 13 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, 2 min ago3.16 bp35.7 bp −$3670.0 bp −$700doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago3.94 bp22.7 bp −$2357.0 bp −$570344.4 bp −$34.4K521.0 bp −$260.5K

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%1h0.6327−0.047%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.765%$7$1412xas long as short
dYdX RUNE-USD+0.0067%1h0.6340+0.162%$27K$32K5xas long as short
Binance RUNEUSDT+0.0100%8h0.6328−0.032%$4.9M$16.2M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6330long leg$2.8M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6337+0.111%$627K$364K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6328−0.032%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6335+0.079%$977K$367K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6340+0.158%$1.5M$786K50xas long as short
BingX RUNE-USDTshort+0.0100%8h0.6332+0.032%$58.7M
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6329−0.010%$183K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6326−0.057%$4K$156K10xas long as short
BloFin RUNE-USDT+0.0116%8h0.63300.000%$434K$210K75xas long as short
Kraken Futures PF_RUNEUSD+0.0861%1h0.6328−0.037%$153K$306K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6374+0.695%$37K$30K25xas long as short
Hyperliquid RUNE+0.1439%1h0.6340+0.164%$1.8M$1.2M5xas long as short