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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0477%/8h= +52.2% APRnext payment +$0.60 per $10,000 · paid last 24h −0.735%
Price spread now: Kraken Futures against dYdX+0.326%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−2.594%−$259 on $10k
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 +$14 a day on $10k at the current rate, and Kraken Futures is 0.326% dearer against dYdX than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.594%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.64590.1204pay 0.0151% / 1h41m 50s$55K$4K5x
ShortKraken Futures PF_RUNEUSD0.64800.1681get 0.0210% / 1h41m 50s$191K$229K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$100.07
Price spread: +0.326% → 0.000%
$32.64
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$112.71
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 36 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 Kraken Futures live order book, 36 min ago11.67 bp25.9 bp −$26doesn'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−0.0831%1h0.6466+0.114%10xas long as short
Coinbase International RUNE-PERP-INTX+0.0024%1h0.6457−0.026%$41K$28K25xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.702%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6465+0.098%$4.9M$10.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6462+0.052%$2.7M$1.7M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6465+0.098%$666K$312K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6464+0.083%$3.4M$1.7M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6463+0.067%$904K$209K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6471+0.191%$1.6M$534K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6468+0.145%$59.2Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6442−0.263%$127K$8Kas long as short
Extended RUNE-USD+0.0104%1h0.6462+0.045%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0114%8h0.6455−0.057%$449K$161K75xas long as short
Hyperliquid RUNE+0.1137%1h0.6480+0.337%$1.7M$910K5xas long as short
dYdX RUNE-USDlong+0.1204%1h0.6459long leg$55K$4K5x
Kraken Futures PF_RUNEUSDshort+0.1681%1h0.6480+0.326%$191K$229K20x