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: MEXC against Bybit−0.016%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$900.902% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.016%, 7d avg +0.007%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RUNEUSDT0.63250.0100pay 0.0100% / 8h1h 54m$2.8M$2.9M75x
ShortMEXC RUNE_USDT0.63240.0100get 0.0100% / 8h1h 54m$3.4M$3.6M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.016% → +0.007%
−$2.28
Slippage, 4 orders
−$75.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$92.49
Costs to cover
0.902%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago3.16 bp35.7 bp −$3670.0 bp −$700doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.37 bp9.6 bp −$1050.1 bp −$501114.0 bp −$11.4K242.1 bp −$121.0K

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
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.688%$7$1412xas long as short
dYdX RUNE-USD+0.0054%1h0.6329+0.069%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0066%1h0.6326+0.016%10xas long as short
Binance RUNEUSDT+0.0100%8h0.6324−0.011%$4.9M$16.2M75xas long as short
Bybit RUNEUSDTlong+0.0100%8h0.6325long leg$2.8M$2.9M75x
Gate RUNE_USDT+0.0100%8h0.6333+0.126%$627K$364K50xas long as short
MEXC RUNE_USDTshort+0.0100%8h0.6324−0.016%$3.4M$3.6M125x
KuCoin RUNEUSDTM+0.0100%8h0.6334+0.142%$977K$367K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6335+0.158%$1.5M$786K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6327+0.032%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6329+0.069%$183K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6322−0.041%$4K$156K10xas long as short
BloFin RUNE-USDT+0.0124%8h0.6324−0.016%$436K$210K75xas long as short
Kraken Futures PF_RUNEUSD+0.0861%1h0.6331+0.102%$154K$306K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6374+0.775%$37K$30K25xas long as short
Hyperliquid RUNE+0.1521%1h0.6336+0.174%$1.8M$1.2M5xas long as short