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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0395%/8h= −43.3% APRpaid last 24h −0.753%
Price spread now: Binance against dYdX+0.274%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−2.048%−$205 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 0.274% dearer against dYdX than usual: you sell high and buy low (spread +0.274% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−2.048% in total) that is about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.65850.0495pay 0.0062% / 1h31m 07s$56K$5K5x
ShortBinance RUNEUSDT0.66030.0100get 0.0100% / 8h7h 31m$5.2M$12.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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
−$82.96
Price spread: +0.274% → 0.000%
$27.42
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.54
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 9 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 dYdX no order-book sample
Sell Binance live order book, 9 min ago0.76 bp14.7 bp −$1556.1 bp −$561566.0 bp −$56.6Kdoesn't fit
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−0.0053%1h0.6605+0.305%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.529%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6607+0.335%$39K$32K25xas long as short
BloFin RUNE-USDT+0.0089%8h0.6604+0.289%$482K$188K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6603+0.274%$5.2M$12.6M75x
Bybit RUNEUSDT+0.0100%8h0.6604+0.289%$2.9M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6606+0.320%$668K$344K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6606+0.320%$3.6M$2.4M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6598+0.198%$929K$239K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6614+0.441%$1.6M$632K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6606+0.320%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6599+0.221%$130K$7Kas long as short
Extended RUNE-USD+0.0104%1h0.6605+0.302%$4K$167K10xas long as short
dYdX RUNE-USDlong+0.0495%1h0.6585long leg$56K$5K5x
Kraken Futures PF_RUNEUSD+0.0594%1h0.6615+0.459%$196K$239K20xas long as short
Hyperliquid RUNE+0.1015%1h0.6620+0.532%$1.8M$969K5xas long as short