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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0916%/8h= −100.3% APRpaid last 24h −0.089%
Price spread now: BloFin against Coinbase International−0.374%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and BloFin is 0.374% cheaper against Coinbase International than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International RUNE-PERP-INTX0.64250.1024pay 0.0128% / 1h17m 16s$37K$30K25x
ShortBloFin RUNE-USDT0.64010.0108get 0.0108% / 8h17m 16s$444K$210K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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
−$192.29
Price spread: −0.374% → 0.000%
−$37.35
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$251.64
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 55 min ago. 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 Coinbase International no order-book sample
Sell BloFin live order book, 55 min ago2.36 bp17.5 bp −$1739.2 bp −$392doesn't fitdoesn't fit
Coinbase International: 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
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.202%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6394−0.487%$5.0M$16.3M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6394−0.482%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6400−0.389%$666K$390K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6389−0.560%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6399−0.405%$991K$361K50xas long as short
Variational Omni RUNE+0.0100%8h0.6381−0.687%$184K$70Kas long as short
Extended RUNE-USD+0.0104%1h0.6396−0.448%$4K$206K10xas long as short
BingX RUNE-USDT+0.0106%8h0.6395−0.467%$58.7Mas long as short
BloFin RUNE-USDTshort+0.0108%8h0.6401−0.374%$444K$210K75x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0109%8h0.6407−0.280%$1.6M$776K50xas long as short
dYdX RUNE-USD+0.0280%1h0.6388−0.579%$27K$32K5xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0532%1h0.6400−0.389%10xas long as short
Kraken Futures PF_RUNEUSD+0.0767%1h0.6401−0.380%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTXlong+0.1024%1h0.6425long leg$37K$30K25x
Hyperliquid RUNE+0.1427%1h0.6402−0.352%$1.8M$1.1M5xas long as short