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

IWM

RWAall IWM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0643%/8h= +70.4% APRnext payment +$6.43 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Aster+0.056%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and GRVT is 0.056% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster IWMUSDT285.530get 0.0000% / 8h1h 35m$2K$22120x
ShortGRVT IWM_USDT_Perp285.690.0643get 0.0643% / 8h1h 35m$297$104K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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
$135.03
Price spread: +0.056% → 0.000%
$5.55
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$123.58
Costs to cover
0.170%
Break-even
0.6 days
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 1 min ago. 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 Aster no order-book sample
Sell GRVT live order book, 1 min ago1.58 bp25.3 bp −$25doesn't fitdoesn't fitdoesn't fit
Aster: 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.

IWM on 17 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
Aster IWMUSDTlong0.0000%8h285.53long leg$2K$22120x
Bybit IWMUSDT0.0000%8h285.36−0.060%$557K$60K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.32−0.074%$437K$160K20xas long as short
Gate IWM_USDT0.0000%8h285.62+0.031%$608K$160K20xas long as short
Bitget IWMUSDT0.0000%8h285.58+0.017%$442K$15K20xas long as short
SunX IWM-USDT0.0000%8h285.39−0.050%$908$455K10xas long as short
HTX IWM-USDT0.0000%8h285.29−0.085%$702$37K20xas long as short
Phemex IWMUSDT0.0000%8h285.63+0.035%$765K$81K10xas long as short
Variational Omni IWM+0.0011%8h285.59+0.021%$160K$207Kas long as short
Markets by Kinetiq mkts:SMALL2000+0.0031%1h285.41−0.043%$566K$363K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h286.08+0.192%$75K$19K10xas long as short
Vest IWM-USD-PERP+0.0046%1h285.40−0.046%25xas long as short
BloFin IWM-USDT+0.0058%8h285.63+0.035%$65K$33K20xas long as short
Binance IWMUSDT+0.0080%8h285.62+0.031%$1.1M$1.2M20xas long as short
MEXC IWM_USDT+0.0080%8h285.63+0.035%$885K$82K50xas long as short
KuCoin IWMUSDTM+0.0100%8h285.72+0.066%$139K$848K20xas long as short
GRVT IWM_USDT_Perpshort+0.0643%8h285.69+0.056%$297$104K10x