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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.004%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.004%, 7d avg +0.032%
Together, before fees+0.036%+ Points / potential airdropExtended: Active · farm board+$4 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: Bybit is 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.64940.0104pay 0.0013% / 1h1m 41s$7K$207K10x
ShortBybit RUNEUSDT0.64940.0100get 0.0100% / 8h7h 01m$2.9M$3.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.004% → +0.032%
−$2.73
Slippage, 4 orders
−$101.99
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$121.56
Costs to cover
1.180%
Break-even
never at this rate
Slippage from Extended: live order book, 29 min ago; Bybit: live order book, 6 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, 29 min ago4.63 bp25.0 bp −$25265.6 bp −$2,656doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago3.85 bp36.9 bp −$3771.3 bp −$713doesn'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%1h0.6496+0.035%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−5.216%$7$1412xas long as short
BloFin RUNE-USDT+0.0077%8h0.6504+0.158%$331K$211K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6495+0.015%$5.2M$16.8M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6494+0.004%$2.9M$3.0M75x
Gate RUNE_USDT+0.0100%8h0.6503+0.143%$681K$386K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6495+0.020%$4.0M$3.9M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6498+0.066%$1.0M$367K50xas long as short
Variational Omni RUNE+0.0100%8h0.6495+0.019%$188K$72Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6494long leg$7K$207K10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0186%8h0.6500+0.097%$3.9Mas long as short
Bitget RUNEUSDT+0.0187%8h0.6504+0.158%$1.6M$805K50xas long as short
dYdX RUNE-USD+0.0273%1h0.6498+0.069%$28K$32K5xas long as short
Coinbase International RUNE-PERP-INTX+0.1160%1h0.6533+0.605%$37K$29K25xas long as short
Hyperliquid RUNE+0.1472%1h0.6505+0.174%$2.0M$1.3M5xas long as short
Kraken Futures PF_RUNEUSD+0.1653%1h0.6502+0.129%$152K$311K20xas long as short