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

IWM

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IWMUSDT285.770.0069pay 0.0069% / 8h41m 18s$1.1M$1.2M20x
ShortBitget IWMUSDT285.750get 0.0000% / 8h41m 18s$442K$15K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.35 bp7.7 bp −$852.0 bp −$520doesn't fitdoesn't fit
Sell Bitget live order book, 54 min ago9.10 bp20.0 bp −$2055.4 bp −$554doesn't fitdoesn't fit

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
Markets by Kinetiq mkts:SMALL2000−0.0079%1h285.37−0.140%$566K$358K20xas long as short
Aster IWMUSDT0.0000%8h285.66−0.039%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h285.53−0.084%$557K$61K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.76−0.003%$438K$159K20xas long as short
Gate IWM_USDT0.0000%8h285.75−0.007%$607K$158K20xas long as short
Bitget IWMUSDTshort0.0000%8h285.75−0.007%$442K$15K20x
Variational Omni IWM0.0000%8h285.76−0.004%$160K$207Kas long as short
SunX IWM-USDT0.0000%8h285.48−0.101%$968$455K10xas long as short
HTX IWM-USDT0.0000%8h285.78+0.003%$432$37K20xas long as short
Phemex IWMUSDT0.0000%8h285.76−0.003%$766K$81K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h286.26+0.171%$75K$19K10xas long as short
BloFin IWM-USDT+0.0044%8h285.78+0.003%$67K$33K20xas long as short
Vest IWM-USD-PERP+0.0046%1h285.53−0.084%25xas long as short
MEXC IWM_USDT+0.0068%8h285.770.000%$883K$84K50xas long as short
Binance IWMUSDTlong+0.0069%8h285.77long leg$1.1M$1.2M20x
KuCoin IWMUSDTM+0.0100%8h285.80+0.010%$140K$865K20xas long as short
GRVT IWM_USDT_Perp+0.0498%8h285.71−0.022%$986$103K10xas long as short