Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRnext payment −$0.69 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.007%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$510.505% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.131%+$13 · spread now −0.007%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IWMUSDT | 285.77 | 0.0069 | pay 0.0069% / 8h | 41m 18s | $1.1M | $1.2M | 20x |
| Short | Bitget IWMUSDT | 285.75 | 0 | get 0.0000% / 8h | 41m 18s | $442K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.43
- Price spread: −0.007% → +0.012%
- −$1.95
- Slippage, 4 orders
- −$28.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.88
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 0.35 bp | 7.7 bp −$8 | 52.0 bp −$520 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 9.10 bp | 20.0 bp −$20 | 55.4 bp −$554 | doesn't fit | doesn't fit |
IWM on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | −0.0079% | 1h | 285.37 | −0.140% | $566K | $358K | 20x | as long as short |
| Aster IWMUSDT | 0.0000% | 8h | 285.66 | −0.039% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.53 | −0.084% | $557K | $61K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.76 | −0.003% | $438K | $159K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.75 | −0.007% | $607K | $158K | 20x | as long as short |
| Bitget IWMUSDTshort | 0.0000% | 8h | 285.75 | −0.007% | $442K | $15K | 20x | |
| Variational Omni IWM | 0.0000% | 8h | 285.76 | −0.004% | $160K | $207K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.48 | −0.101% | $968 | $455K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.78 | +0.003% | $432 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.76 | −0.003% | $766K | $81K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IWM | +0.0032% | 1h | 286.26 | +0.171% | $75K | $19K | 10x | as long as short |
| BloFin IWM-USDT | +0.0044% | 8h | 285.78 | +0.003% | $67K | $33K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.53 | −0.084% | — | — | 25x | as long as short |
| MEXC IWM_USDT | +0.0068% | 8h | 285.77 | 0.000% | $883K | $84K | 50x | as long as short |
| Binance IWMUSDTlong | +0.0069% | 8h | 285.77 | long leg | $1.1M | $1.2M | 20x | |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.80 | +0.010% | $140K | $865K | 20x | as long as short |
| GRVT IWM_USDT_Perp | +0.0498% | 8h | 285.71 | −0.022% | $986 | $103K | 10x | as long as short |
Binance IWMUSDT
Bitget IWMUSDT
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
BloFin IWM-USDT
MEXC IWM_USDT
KuCoin IWMUSDTM
GRVT IWM_USDT_Perp