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%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.158%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$990.993% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days+0.187%+$19 · spread now −0.158%, 7d avg −0.005%
Together, before fees+0.215%+$21 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 0.152% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.63370.0100pay 0.0100% / 8h4h 05m$2.7M$1.4M125x
ShortBybit RUNEUSDT0.63270.0100get 0.0100% / 8h4h 05m$2.7M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.158% → −0.005%
−$15.24
Slippage, 4 orders
−$84.31
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.54
Costs to cover
0.993%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago2.37 bp9.0 bp −$949.9 bp −$499118.1 bp −$11.8K244.1 bp −$122.1K
Sell Bybit live order book, 1 min ago3.95 bp43.2 bp −$4372.1 bp −$721doesn'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−0.0854%1h0.6336−0.016%10xas long as short
Kraken Futures PF_RUNEUSD−0.0452%1h0.6355+0.284%$175K$234K20xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−2.872%$7$35K12xas long as short
Binance RUNEUSDT+0.0100%8h0.6334−0.047%$4.6M$8.8M75xas long as short
Bybit RUNEUSDTshort+0.0100%8h0.6327−0.158%$2.7M$1.3M75x
Gate RUNE_USDT+0.0100%8h0.6338+0.016%$653K$271K50xas long as short
MEXC RUNE_USDTlong+0.0100%8h0.6337long leg$2.7M$1.4M125x
KuCoin RUNEUSDTM+0.0100%8h0.6334−0.047%$921K$165K50xas long as short
Bitget RUNEUSDT+0.0100%8h0.6339+0.032%$1.5M$413K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6329−0.126%$59.2Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6325−0.182%$125K$9Kas long as short
Extended RUNE-USD+0.0104%1h0.6333−0.057%$4K$170K10xas long as short
BloFin RUNE-USDT+0.0220%8h0.6358+0.331%$453K$120K75xas long as short
Coinbase International RUNE-PERP-INTX+0.0320%1h0.6373+0.568%$38K$16K25xas long as short
Hyperliquid RUNE+0.0517%1h0.6346+0.147%$1.6M$808K5xas long as short
dYdX RUNE-USD+0.3309%1h0.6335−0.031%$54K$4K5xas long as short