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+0.015%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1091.087% 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 +0.015%, 7d avg +0.017%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.66350.0100pay 0.0100% / 8h7h 55m$3.0M$2.1M75x
ShortBingX RUNE-USDT0.66360.0100get 0.0100% / 8h7h 55m$59.1M

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: +0.015% → +0.017%
−$0.22
Slippage, 4 orders
−$87.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$108.89
Costs to cover
1.087%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago6.00 bp29.7 bp −$3070.5 bp −$705doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.57 bp19.1 bp −$1949.1 bp −$491322.8 bp −$32.3K482.1 bp −$241.0K

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−0.0503%1h0.6631−0.060%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−7.234%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6668+0.497%$40K$32K25xas long as short
BloFin RUNE-USDT+0.0077%8h0.6649+0.211%$467K$187K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6632−0.045%$5.1M$12.0M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6635long leg$3.0M$2.1M75x
Gate RUNE_USDT+0.0100%8h0.6639+0.060%$683K$321K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6638+0.045%$3.8M$2.3M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6634−0.015%$933K$226K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6629−0.090%$1.6M$620K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDTshort+0.0100%8h0.6636+0.015%$59.1M
Variational Omni RUNE+0.0100%8h0.6665+0.446%$131K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6631−0.065%$4K$165K10xas long as short
Kraken Futures PF_RUNEUSD+0.0593%1h0.6630−0.075%$195K$233K20xas long as short
dYdX RUNE-USD+0.0771%1h0.6656+0.309%$57K$5K5xas long as short
Hyperliquid RUNE+0.0955%1h0.6645+0.155%$1.8M$955K5xas long as short