How do I calculate my average RUNE price?

Add up what you spent across all buys, then divide by the total number of RUNE you received. Weighting by size is essential — buying 1 RUNE high and 9 RUNE low gives an average far closer to the low price.

Does averaging down lower my break-even?

Yes, arithmetically — buying more RUNE below your entry pulls the weighted average down. It also increases your position size, so the same percentage move against you now costs more in dollars. Check the new position against your risk limit before adding.

Do exchange fees change my cost basis?

In most tax systems acquisition fees are added to cost basis, which raises your true break-even slightly above the raw weighted average. A THORChain swap pays the outbound chain's own network fee plus slippage against the pool depth — on thin pools the slippage dominates everything else.

How do I calculate average entry price?

Average entry = total cost ÷ total coins. Multiply each buy's price by its amount, sum them, then divide by total coins held.

What is averaging down?

Buying more of an asset at a lower price to reduce your average entry, so a smaller recovery is needed to break even.

THORChain · RUNE

THORChain Average Buy Price Calculator

Work out your weighted average THORChain (RUNE) entry price across multiple buys — and see exactly where your break-even sits.

Result

Enter values to see the result.

Using the THORChain Average Buy Price Calculator

If you bought RUNE more than once, your break-even is not the midpoint of the two prices — it is the weighted average, where the larger buy pulls the average toward its own price. This calculator does that weighting for you across two entries, which is the case that trips people up most often when they average down.

The weighted average is also your cost basis for tax in most jurisdictions, though the accepted method differs by country — some require FIFO, others mandate an average-cost approach. Our region-by-region crypto tax guides cover which method applies where before you rely on this figure for a return.

RUNE is mechanically leveraged to total network liquidity, so it tends to move further than the assets it swaps in both directions. That is the practical argument for knowing your true average: it tells you the exact RUNE price at which the position stops being a loss, which is a much more useful anchor during a drawdown than the price of your first buy.

THORChain at a glance

Launched: Mainnet 2021
Role: Cross-chain swaps of native assets, no wrapping involved
Design: Every pool is paired against RUNE
Total supply: ~354,000,000 RUNE
Security: Node operators must bond RUNE worth more than the assets they secure
History: Its lending product ran into a solvency crisis that forced a restructuring

Frequently asked questions

How do I calculate my average RUNE price?: Add up what you spent across all buys, then divide by the total number of RUNE you received. Weighting by size is essential — buying 1 RUNE high and 9 RUNE low gives an average far closer to the low price.
Does averaging down lower my break-even?: Yes, arithmetically — buying more RUNE below your entry pulls the weighted average down. It also increases your position size, so the same percentage move against you now costs more in dollars. Check the new position against your risk limit before adding.
Do exchange fees change my cost basis?: In most tax systems acquisition fees are added to cost basis, which raises your true break-even slightly above the raw weighted average. A THORChain swap pays the outbound chain's own network fee plus slippage against the pool depth — on thin pools the slippage dominates everything else.
How do I calculate average entry price?: Average entry = total cost ÷ total coins. Multiply each buy's price by its amount, sum them, then divide by total coins held.
What is averaging down?: Buying more of an asset at a lower price to reduce your average entry, so a smaller recovery is needed to break even.

More RUNE calculators

THORChain Profit Calculator

Free THORChain (RUNE) profit calculator. Enter your buy and sell price to see RUNE profit, loss, ROI and fees — prefilled with the live RUNE price.

THORChain DCA Calculator

Free THORChain (RUNE) dollar-cost-averaging calculator. Model recurring RUNE buys to see coins accumulated, average entry and portfolio value at today's live price.

THORChain Liquidation Price Calculator

Find the exact THORChain (RUNE) price that liquidates your leveraged position. Prefilled with the live RUNE price — set your leverage and direction.

THORChain Market Cap Calculator

Calculate THORChain (RUNE) market cap from the live RUNE price and circulating supply — plus FDV, and the price RUNE would need to reach any target valuation.

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Prefer the generic version without RUNE presets? Open the Average Entry Price Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.