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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against Bybit0.000%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63840.0100pay 0.0100% / 8h7h 32m$2.9M$2.9M75x
ShortDeribit RUNE_USDC-PERPETUAL0.63840get 0.0000% / 1h32m 15s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$39
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: no order-book sample. 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 Bybit live order book, 5 min ago0.78 bp36.0 bp −$3667.9 bp −$679doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALshort0.0000%1h0.63840.000%10x
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.587%$7$1412xas long as short
BloFin RUNE-USDT+0.0090%8h0.6392+0.125%$327K$210K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6381−0.047%$5.1M$16.6M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6384long leg$2.9M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6382−0.031%$669K$380K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6381−0.047%$3.8M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6381−0.047%$989K$365K50xas long as short
Variational Omni RUNE+0.0100%8h0.6398+0.218%$185K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6380−0.069%$4K$212K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0160%8h0.6386+0.031%$1.5M$802K50xas long as short
BingX RUNE-USDT+0.0161%8h0.6382−0.031%$3.9Mas long as short
dYdX RUNE-USD+0.0171%1h0.6399+0.242%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6446+0.971%$37K$30K25xas long as short
Hyperliquid RUNE+0.1290%1h0.6384+0.005%$1.8M$1.2M5xas long as short
Kraken Futures PF_RUNEUSD+0.1682%1h0.6390+0.087%$149K$313K20xas long as short