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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1758%/8h= −192.5% APRpaid last 24h −0.815%
Price spread now: Gate against dYdX−0.124%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 7 days−1.929%−$193 on $10k
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 −$53 a day on $10k at the current rate, and Gate is 0.124% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63490.1858pay 0.0232% / 1h6m 21s$54K$4K5x
ShortGate RUNE_USDT0.63410.0100get 0.0100% / 8h2h 06m$653K$293K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$369.11
Price spread: −0.124% → 0.000%
−$12.39
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$406.5
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Gate: live order book, 15 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 Gate live order book, 15 min ago5.47 bp41.5 bp −$42doesn't fitdoesn't fitdoesn'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−0.1793%1h0.6351+0.034%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.054%$7$2412xas long as short
BloFin RUNE-USDT+0.0084%8h0.6365+0.254%$452K$153K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6343−0.092%$4.7M$9.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6346−0.045%$2.7M$1.5M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6341−0.124%$653K$293K50x
MEXC RUNE_USDT+0.0100%8h0.6345−0.061%$3.1M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6342−0.108%$904K$190K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6344−0.077%$1.6M$473K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6347−0.029%$59.1Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6335−0.213%$125K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6341−0.128%$4K$170K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6382+0.522%$38K$16K25xas long as short
Hyperliquid RUNE+0.0547%1h0.6359+0.164%$1.6M$858K5xas long as short
dYdX RUNE-USDlong+0.1858%1h0.6349long leg$54K$4K5x
Kraken Futures PF_RUNEUSD+0.2418%1h0.6353+0.071%$176K$214K20xas long as short