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+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.057%
Price spread now: Extended against Coinbase International−0.299%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.299% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.299% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 12 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International RUNE-PERP-INTX0.64720.0024pay 0.0003% / 1h23m 02s$42K$28K25x
ShortExtended RUNE-USD0.64530.0104get 0.0013% / 1h23m 02s$4K$170K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$16.8
Price spread: −0.299% → 0.000%
−$29.86
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$28.06
Costs to cover
0.150%
Break-even
18.7 days
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 53 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 Extended live order book, 53 min ago4.21 bp24.4 bp −$24228.3 bp −$2,283doesn'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
Deribit RUNE_USDC-PERPETUAL−0.0525%1h0.6450−0.340%10xas long as short
Coinbase International RUNE-PERP-INTXlong+0.0024%1h0.6472long leg$42K$28K25x
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.898%$7$2412xas long as short
BloFin RUNE-USDT+0.0090%8h0.6437−0.541%$454K$161K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6454−0.278%$4.9M$10.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6451−0.324%$2.7M$1.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6450−0.340%$663K$315K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6453−0.294%$3.4M$1.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6444−0.433%$895K$211K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6451−0.324%$1.6M$546K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6456−0.247%$59.1Mas long as short
Variational Omni RUNE+0.0100%8h0.6433−0.599%$127K$8Kas long as short
Extended RUNE-USDshort+0.0104%1h0.6453−0.299%$4K$170K10x
Hyperliquid RUNE+0.1088%1h0.6472−0.005%$1.7M$926K5xas long as short
dYdX RUNE-USD+0.1331%1h0.6439−0.510%$55K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.1685%1h0.6466−0.097%$190K$230K20xas long as short