After costs, if the gap returns to its 7d average, $10k−$121
spread now+0.094%7d average+0.118%fees + slippage, in and out−$118spread needed1.182%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit RUNEUSDT | 0.6177 | 0.0100 | pay 0.0100% / 8h | 6h 36m | $2.6M | $1.1M | 75x |
| Short | Hyperliquid RUNE | 0.6183 | 0.0519 | get 0.0065% / 1h | 36m 05s | $1.6M | $805K | 5x |
Bybit RUNEUSDT
Hyperliquid RUNEPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.39
- Funding while held
- $12.57
- Slippage, 4 orders
- −$98.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$96.24
- Spread needed to break even
- 1.182%
Slippage from Bybit: live order book, 2 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0419%
- Per $10,000 a day
- +$12.57
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 5.68 bp | 37.8 bp −$38 | 69.5 bp −$695 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.54 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
RUNE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.6152cheapestInjective0.6155+0.051%KuCoin0.6168+0.263%Deribit0.6168+0.263%Extended0.6170+0.297%MEXC0.6171+0.311%Binance0.6173+0.342%BingX0.6173+0.344%Kraken Futures0.6174+0.356%Bitget0.6174+0.360%BloFin0.6175+0.376%
Variational Omni
Injective
KuCoin
Deribit
Extended
MEXC
Binance
BingX
Kraken Futures
Bitget
BloFinBybit0.6177+0.409%
Gate0.6177+0.409%dYdX0.6181+0.469%
Gate
dYdXHyperliquid0.6183+0.503%
Coinbase International0.6188+0.588%
Coinbase InternationalRUNE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni RUNE | −0.407% | +0.0100% | 8h | $121K | $10K | — | as long as short |
| Injective RUNE/USDC PERP | −0.356% | −0.0548% | 1h | $7 | $116K | 12x | as long as short |
| KuCoin RUNEUSDTM | −0.146% | +0.0100% | 8h | $879K | $172K | 50x | as long as short |
| Deribit RUNE_USDC-PERPETUAL | −0.146% | −0.0722% | 1h | — | — | 10x | as long as short |
| Extended RUNE-USD | −0.112% | +0.0104% | 1h | $4K | $170K | 10x | as long as short |
| MEXC RUNE_USDT | −0.097% | +0.0100% | 8h | $2.7M | $1.2M | 125x | as long as short |
| Binance RUNEUSDT | −0.067% | +0.0100% | 8h | $4.3M | $7.5M | 75x | as long as short |
| BingX RUNE-USDT | −0.065% | +0.0100% | 8h | — | $59.2M | — | as long as short |
| Kraken Futures PF_RUNEUSD | −0.053% | −0.0537% | 1h | $150K | $223K | 20x | as long as short |
| Bitget RUNEUSDT | −0.049% | +0.0100% | 8h | $1.5M | $394K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin RUNE-USDT | −0.032% | +0.0073% | 8h | $439K | $49K | 75x | as long as short |
| Bybit RUNEUSDTlong | 0.000% | +0.0100% | 8h | $2.6M | $1.1M | 75x | |
| Gate RUNE_USDT | 0.000% | +0.0100% | 8h | $691K | $213K | 50x | as long as short |
| dYdX RUNE-USD | +0.060% | +0.2252% | 1h | $52K | $2K | 5x | as long as short |
| Hyperliquid RUNEshort | +0.094% | +0.0519% | 1h | $1.6M | $805K | 5x | |
| Coinbase International RUNE-PERP-INTX | +0.178% | +0.0288% | 1h | $36K | $15K | 25x | as long as short |