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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.167%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.167%, 7d avg −0.003%
Together, before fees−0.249%+ Points / potential airdropExtended: Active · farm board−$25 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: KuCoin is 0.170% dearer against Extended than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.63770.0104pay 0.0013% / 1h17m 15s$6K$87K10x
ShortKuCoin RUNEUSDTM0.63880.0100get 0.0100% / 8h1h 17m$986K$365K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.167% → −0.003%
$16.96
Slippage, 4 orders
−$159.74
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$160.63
Costs to cover
1.767%
Break-even
never at this rate
Slippage from Extended: live order book, 23 min ago; KuCoin: live order book, 7 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, 23 min ago4.19 bp26.5 bp −$27241.4 bp −$2,414doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago7.06 bp38.7 bp −$39223.9 bp −$2,239doesn'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
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.487%$7$1412xas long as short
Deribit RUNE_USDC-PERPETUAL+0.0064%1h0.6378+0.010%10xas long as short
BloFin RUNE-USDT+0.0100%8h0.6381+0.057%$437K$208K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6378+0.010%$4.9M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6382+0.073%$2.9M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6384+0.104%$632K$366K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6379+0.026%$3.5M$3.6M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6388+0.167%$986K$365K50x
Bitget RUNEUSDT+0.0100%8h0.6389+0.182%$1.6M$771K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6382+0.073%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6368−0.149%$184K$70Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6377long leg$6K$87K10x
Kraken Futures PF_RUNEUSD+0.0854%1h0.6380+0.042%$148K$321K20xas long as short
Coinbase International RUNE-PERP-INTX+0.0864%1h0.6408+0.480%$37K$30K25xas long as short
dYdX RUNE-USD+0.0943%1h0.6373−0.072%$27K$32K5xas long as short
Hyperliquid RUNE+0.1545%1h0.6387+0.143%$1.8M$1.1M5xas long as short