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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h −0.002%
Price spread now: BloFin against Extended−0.037%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$860.857% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.337%−$34 · spread now −0.037%, 7d avg +0.063%
Together, before fees−0.362%+ Points / potential airdropExtended: Active · farm board−$36 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: BloFin is 0.101% cheaper against Extended than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63320.0104pay 0.0013% / 1h5m 14s$4K$165K10x
ShortBloFin RUNE-USDT0.63300.0106get 0.0106% / 8h5h 05m$444K$193K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$0.49
Price spread: −0.037% → +0.063%
−$10.09
Slippage, 4 orders
−$68.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$95.3
Costs to cover
0.857%
Break-even
1369.5 days
Slippage from Extended: live order book, 56 min ago; BloFin: live order book, 32 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, 56 min ago4.13 bp24.3 bp −$24211.1 bp −$2,111doesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago3.18 bp22.2 bp −$2262.7 bp −$627doesn'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%1h0.6336+0.057%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.801%$7$1412xas long as short
Binance RUNEUSDT+0.0100%8h0.6336+0.051%$4.8M$15.5M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6332−0.006%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6334+0.026%$628K$377K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6335+0.042%$3.6M$3.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6334+0.026%$919K$330K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6346+0.215%$1.5M$768K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6333+0.010%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6335+0.038%$186K$67Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USDlong+0.0104%1h0.6332long leg$4K$165K10x
BloFin RUNE-USDTshort+0.0106%8h0.6330−0.037%$444K$193K75x
dYdX RUNE-USD+0.0146%1h0.6329−0.057%$27K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.0504%1h0.6381+0.768%$37K$31K25xas long as short
Hyperliquid RUNE+0.1511%1h0.6353+0.331%$1.7M$1.0M5xas long as short
Kraken Futures PF_RUNEUSD+0.2063%1h0.6344+0.176%$181K$286K20xas long as short