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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.227%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$950.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days−0.235%−$23 · spread now +0.227%, 7d avg +0.035%
Together, before fees−0.168%−$17 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 0.193% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.65990.0100pay 0.0100% / 8h7h 31m$3.6M$2.4M125x
ShortBitget RUNEUSDT0.66140.0100get 0.0100% / 8h7h 31m$1.6M$632K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: +0.227% → +0.035%
$19.28
Slippage, 4 orders
−$79.26
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$75.98
Costs to cover
0.953%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: live order book, 5 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 MEXC live order book, 6 min ago3.81 bp9.6 bp −$1042.1 bp −$421114.7 bp −$11.5K242.6 bp −$121.3K
Sell Bitget live order book, 5 min ago4.56 bp29.0 bp −$29197.1 bp −$1,971doesn'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−0.0357%1h0.6588−0.167%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−6.728%$7$1412xas long as short
Coinbase International RUNE-PERP-INTX+0.0056%1h0.6607+0.121%$39K$32K25xas long as short
Binance RUNEUSDT+0.0100%8h0.6607+0.125%$5.2M$12.6M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6602+0.045%$2.9M$2.1M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6602+0.045%$668K$344K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6599long leg$3.6M$2.4M125x
KuCoin RUNEUSDTM+0.0100%8h0.6592−0.106%$929K$239K50xas long as short
Bitget RUNEUSDTshort+0.0100%8h0.6614+0.227%$1.6M$632K50x
BingX RUNE-USDT+0.0100%8h0.6604+0.076%$59.0Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6563−0.546%$129K$7Kas long as short
BloFin RUNE-USDT+0.0101%8h0.6587−0.182%$484K$188K75xas long as short
Extended RUNE-USD+0.0104%1h0.6605+0.089%$4K$167K10xas long as short
dYdX RUNE-USD+0.0495%1h0.6585−0.213%$56K$5K5xas long as short
Kraken Futures PF_RUNEUSD+0.0596%1h0.6596−0.046%$196K$239K20xas long as short
Hyperliquid RUNE+0.1015%1h0.6613+0.205%$1.8M$969K5xas long as short