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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h
Price spread now: Deribit against dYdX+0.451%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 3 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.451% dearer against dYdX than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.62680get 0.0000% / 1h52m 45s$27K$32K5x
ShortDeribit RUNE_USDC-PERPETUAL0.62960.0068get 0.0008% / 1h52m 45s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$14.23
Price spread: +0.451% → 0.000%
$45.08
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$42.31
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
dYdX and Deribit: 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 15 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
dYdX RUNE-USDlong0.0000%1h0.6268long leg$27K$32K5x
Injective RUNE/USDC PERP+0.0033%1h0.6155−1.799%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUALshort+0.0068%1h0.6296+0.451%10x
Binance RUNEUSDT+0.0100%8h0.6310+0.674%$4.8M$15.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6307+0.626%$2.8M$2.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6306+0.610%$626K$363K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6303+0.562%$3.7M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6291+0.371%$907K$323K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6313+0.722%$1.5M$757K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6310+0.674%$59.0Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6319+0.825%$185K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6305+0.599%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0504%1h0.6319+0.818%$37K$31K25xas long as short
Hyperliquid RUNE+0.1293%1h0.6321+0.843%$1.7M$1.1M5xas long as short
Kraken Futures PF_RUNEUSD+0.2073%1h0.6313+0.721%$182K$282K20xas long as short