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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h
Price spread now: Deribit against KuCoin−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin RUNEUSDTM0.63460.0100pay 0.0100% / 8h4h 13m$911K$334K50x
ShortDeribit RUNE_USDC-PERPETUAL0.63450get 0.0000% / 1h13m 52s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against KuCoin. 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
−$21
Price spread: −0.016% → 0.000%
−$1.58
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.58
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 26 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 26 min ago4.74 bp61.7 bp −$62292.7 bp −$2,927doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALshort0.0000%1h0.6345−0.016%10x
Injective RUNE/USDC PERP+0.0033%1h0.6155−3.010%$7$1412xas long as short
dYdX RUNE-USD+0.0051%1h0.6335−0.169%$27K$32K5xas long as short
BloFin RUNE-USDT+0.0073%8h0.6347+0.016%$445K$195K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6343−0.049%$4.8M$15.8M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6342−0.063%$2.8M$2.8M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6345−0.016%$629K$369K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6343−0.047%$3.5M$3.5M125xas long as short
KuCoin RUNEUSDTMlong+0.0100%8h0.6346long leg$911K$334K50x
Bitget RUNEUSDT+0.0100%8h0.6354+0.126%$1.6M$774K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RUNE-USDT+0.0100%8h0.6348+0.032%$58.9Mas long as short
Variational Omni RUNE+0.0100%8h0.6347+0.014%$187K$67Kas long as short
Extended RUNE-USD+0.0104%1h0.6342−0.063%$4K$164K10xas long as short
Coinbase International RUNE-PERP-INTX+0.0680%1h0.6386+0.630%$37K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0988%1h0.6350+0.063%$179K$288K20xas long as short
Hyperliquid RUNE+0.1815%1h0.6360+0.224%$1.8M$1.1M5xas long as short