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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.579%
Price spread now: KuCoin against dYdX+0.073%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−2.005%−$200 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. KuCoin is 0.073% dearer against dYdX than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−2.005% in total) that is about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX RUNE-USD0.63340.0361pay 0.0045% / 1h16m 07s$27K$32K5x
ShortKuCoin RUNEUSDTM0.63390.0100get 0.0100% / 8h3h 16m$978K$360K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$54.81
Price spread: +0.073% → 0.000%
$7.31
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$69.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 18 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 KuCoin live order book, 18 min ago6.30 bp43.7 bp −$44207.7 bp −$2,077doesn'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-PERPETUAL0.0000%1h0.6335+0.010%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.832%$7$1412xas long as short
BloFin RUNE-USDT+0.0097%8h0.6337+0.042%$439K$197K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6335+0.005%$4.8M$15.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6334−0.006%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6340+0.089%$628K$370K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6334−0.006%$3.4M$3.5M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6339+0.073%$978K$360K50x
Bitget RUNEUSDT+0.0100%8h0.6339+0.073%$1.5M$775K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6333−0.022%$58.9Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6340+0.095%$186K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6330−0.065%$4K$169K10xas long as short
dYdX RUNE-USDlong+0.0361%1h0.6334long leg$27K$32K5x
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6395+0.957%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0953%1h0.6341+0.098%$166K$310K20xas long as short
Hyperliquid RUNE+0.1610%1h0.6344+0.157%$1.8M$1.1M5xas long as short