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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.125%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1531.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.125%, 7d avg −0.010%
Together, before fees−0.050%−$5 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 0.135% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate RUNE_USDT0.63930.0100pay 0.0100% / 8h2h 29m$658K$290K50x
ShortBitget RUNEUSDT0.64010.0100get 0.0100% / 8h2h 29m$1.6M$467K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
Price spread: +0.125% → −0.010%
$13.49
Slippage, 4 orders
−$125.66
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$139.16
Costs to cover
1.527%
Break-even
never at this rate
Slippage from Gate: live order book, 57 min ago; Bitget: live order book, 3 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 Gate live order book, 57 min ago5.52 bp45.5 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.69 bp42.7 bp −$43164.0 bp −$1,640doesn'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-PERPETUAL−0.1468%1h0.6392−0.016%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.723%$7$2412xas long as short
Binance RUNEUSDT+0.0100%8h0.6389−0.068%$4.7M$9.7M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6382−0.172%$2.7M$1.5M75xas long as short
Gate RUNE_USDTlong+0.0100%8h0.6393long leg$658K$290K50x
MEXC RUNE_USDT+0.0100%8h0.6388−0.078%$3.0M$1.5M125xas long as short
KuCoin RUNEUSDTM+0.0100%8h0.6386−0.109%$911K$190K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6401+0.125%$1.6M$467K50x
BingX RUNE-USDT+0.0100%8h0.6392−0.016%$59.0Mas long as short
Variational Omni RUNE+0.0100%8h0.6379−0.216%$126K$9Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended RUNE-USD+0.0104%1h0.6388−0.076%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0124%8h0.6394+0.016%$446K$150K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0368%1h0.6406+0.203%$38K$16K25xas long as short
Hyperliquid RUNE+0.0401%1h0.6401+0.130%$1.7M$857K5xas long as short
dYdX RUNE-USD+0.1566%1h0.6382−0.176%$54K$4K5xas long as short
Kraken Futures PF_RUNEUSD+0.2397%1h0.6409+0.245%$177K$214K20xas long as short