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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1221%/8h= +133.7% APRpaid last 24h +0.787%
Price spread now: dYdX against Bybit+0.514%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 7 days+2.001%+$200 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and dYdX is 0.514% dearer against Bybit than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63670.0100pay 0.0100% / 8h1h 04m$2.7M$1.7M75x
ShortdYdX RUNE-USD0.64000.1321get 0.0165% / 1h4m 49s$55K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$256.44
Price spread: +0.514% → 0.000%
$51.39
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
$286.83
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: live order book, 7 min ago; dYdX: 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, 7 min ago3.91 bp36.3 bp −$36182.8 bp −$1,828doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-PERPETUAL−0.0220%1h0.6386+0.298%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.330%$7$2412xas long as short
BloFin RUNE-USDT+0.0075%8h0.6383+0.251%$445K$156K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6381+0.219%$4.8M$10.5M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6367long leg$2.7M$1.7M75x
Gate RUNE_USDT+0.0100%8h0.6388+0.330%$659K$305K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6370+0.047%$3.4M$1.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6385+0.283%$900K$204K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6385+0.283%$1.6M$516K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6380+0.204%$59.2Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6403+0.568%$126K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6381+0.218%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0112%1h0.6432+1.021%$37K$18K25xas long as short
Hyperliquid RUNE+0.0766%1h0.6391+0.383%$1.7M$877K5xas long as short
dYdX RUNE-USDshort+0.1321%1h0.6400+0.514%$55K$4K5x
Kraken Futures PF_RUNEUSD+0.2142%1h0.6397+0.477%$189K$228K20xas long as short