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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.009%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$850.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.009%, 7d avg +0.029%
Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63810.0104pay 0.0013% / 1h21m 37s$4K$206K10x
ShortBinance RUNEUSDT0.63820.0100get 0.0100% / 8h21m 37s$5.0M$16.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
−$0.84
Price spread: +0.009% → +0.029%
−$1.91
Slippage, 4 orders
−$69.87
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$87.62
Costs to cover
0.849%
Break-even
never at this rate
Slippage from Extended: live order book, 15 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 15 min ago4.63 bp25.7 bp −$26263.5 bp −$2,635doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.78 bp16.4 bp −$1659.5 bp −$595doesn't fitdoesn't fit

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%1h0.6385+0.056%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.549%$7$1412xas long as short
BloFin RUNE-USDT+0.0097%8h0.6380−0.023%$443K$209K75xas long as short
Binance RUNEUSDTshort+0.0100%8h0.6382+0.009%$5.0M$16.3M75x
Bybit RUNEUSDT+0.0100%8h0.6380−0.023%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6387+0.087%$665K$390K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6383+0.024%$3.9M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6390+0.134%$990K$361K50xas long as short
Variational Omni RUNE+0.0100%8h0.6375−0.096%$184K$70Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6381long leg$4K$206K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0104%8h0.6394+0.197%$1.6M$772K50xas long as short
BingX RUNE-USDT+0.0106%8h0.6385+0.056%$58.7Mas long as short
dYdX RUNE-USD+0.0249%1h0.6377−0.073%$27K$32K5xas long as short
Kraken Futures PF_RUNEUSD+0.0768%1h0.6388+0.109%$148K$314K20xas long as short
Coinbase International RUNE-PERP-INTX+0.1024%1h0.6430+0.761%$37K$29K25xas long as short
Hyperliquid RUNE+0.1438%1h0.6390+0.132%$1.8M$1.1M5xas long as short