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

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.124%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1371.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.124%, 7d avg +0.060%
Together, before fees−0.094%−$9 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: Gate is 0.064% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RUNE_USDT0.64680.0100pay 0.0100% / 8h5h 52m$3.9M$3.7M125x
ShortGate RUNE_USDT0.64760.0100get 0.0100% / 8h5h 52m$682K$381K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.124% → +0.060%
$6.42
Slippage, 4 orders
−$117.97
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$130.56
Costs to cover
1.370%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 57 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, 3 min ago2.32 bp8.0 bp −$822.2 bp −$222111.3 bp −$11.1K242.9 bp −$121.4K
Sell Gate live order book, 57 min ago1.54 bp60.5 bp −$61doesn't fitdoesn't fitdoesn't fit

RUNE on 16 exchanges

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-PERPETUAL0.0000%1h0.6478+0.155%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−4.839%$7$1412xas long as short
BloFin RUNE-USDT+0.0074%8h0.6472+0.062%$337K$229K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6480+0.185%$5.3M$16.9M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6474+0.093%$3.0M$3.0M75xas long as short
Gate RUNE_USDTshort+0.0100%8h0.6476+0.124%$682K$381K50x
MEXC RUNE_USDTlong+0.0100%8h0.6468long leg$3.9M$3.7M125x
KuCoin RUNEUSDTM+0.0100%8h0.6471+0.046%$999K$370K50xas long as short
Variational Omni RUNE+0.0100%8h0.6470+0.036%$187K$72Kas long as short
Extended RUNE-USD+0.0104%1h0.6477+0.133%$5K$206K10xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget RUNEUSDT+0.0140%8h0.6490+0.340%$1.6M$809K50xas long as short
BingX RUNE-USDT+0.0155%8h0.6478+0.155%$11.7Mas long as short
Kraken Futures PF_RUNEUSD+0.0528%1h0.6480+0.193%$157K$312K20xas long as short
Hyperliquid RUNE+0.0893%1h0.6482+0.223%$2.0M$1.3M5xas long as short
Coinbase International RUNE-PERP-INTX+0.1000%1h0.6509+0.634%$37K$28K25xas long as short
dYdX RUNE-USD+0.1156%1h0.64680.000%$27K$32K5xas long as short