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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Bitget against Extended+0.127%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$970.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.127%, 7d avg +0.085%
Together, before fees−0.122%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.042% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.64160.0104pay 0.0013% / 1h50m 51s$28K$230K10x
ShortBitget RUNEUSDT0.64240.0100get 0.0100% / 8h4h 50m$1.6M$799K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.127% → +0.085%
$4.22
Slippage, 4 orders
−$79.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.46
Costs to cover
0.968%
Break-even
never at this rate
Slippage from Extended: live order book, 53 min ago; Bitget: 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, 53 min ago4.02 bp23.8 bp −$24225.8 bp −$2,258doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.11 bp24.8 bp −$25100.9 bp −$1,009doesn't fitdoesn't fit

RUNE on 16 exchanges

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%1h0.6419+0.049%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.065%$7$1412xas long as short
BloFin RUNE-USDT+0.0073%8h0.6414−0.029%$335K$227K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6418+0.034%$5.2M$16.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6417+0.018%$3.0M$3.0M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6417+0.018%$645K$408K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6418+0.034%$3.6M$3.8M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6423+0.112%$981K$396K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6424+0.127%$1.6M$799K50x
BingX RUNE-USDT+0.0100%8h0.6420+0.065%$11.7Mas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6419+0.054%$185K$72Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6416long leg$28K$230K10x
Kraken Futures PF_RUNEUSD+0.0365%1h0.6419+0.047%$155K$279K20xas long as short
Hyperliquid RUNE+0.0437%1h0.6422+0.093%$2.0M$1.1M5xas long as short
Coinbase International RUNE-PERP-INTX+0.0960%1h0.6509+1.452%$37K$28K25xas long as short
dYdX RUNE-USD+0.1813%1h0.6411−0.081%$27K$32K5xas long as short