IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.80 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance0.000%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$318as in the Funding arb table

Net, price: spread back to 7d avg − costs−$314as in the Price arb table

costs, in and out, $10k−$3183.180% of the position

Long on Binance Short on Gate

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)−0.101%−$10 · spread now 0.000%, 7d avg −0.044%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.044% dearer against Binance than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.044%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance IWMUSDT	285.62	0.0080	pay 0.0080% / 8h	1h 35m	$1.1M	$1.2M	20x
Short	Gate IWM_USDT	285.62	0	get 0.0000% / 8h	1h 35m	$608K	$160K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$16.75
Price spread: 0.000% → −0.044%: $4.44
Slippage, 4 orders: −$292.99
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$330.31
Costs to cover: 3.180%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: live order book, 6 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, 12 min ago	0.17 bp	15.1 bp −$15	55.5 bp −$555	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	6.65 bp	208.4 bp −$208	doesn't fit	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
Aster IWMUSDT	0.0000%	8h	285.53	−0.031%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	285.36	−0.091%	$557K	$60K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	285.32	−0.105%	$437K	$160K	20x	as long as short
Gate IWM_USDTshort	0.0000%	8h	285.62	0.000%	$608K	$160K	20x
Bitget IWMUSDT	0.0000%	8h	285.58	−0.014%	$442K	$15K	20x	as long as short
SunX IWM-USDT	0.0000%	8h	285.39	−0.081%	$908	$455K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	285.29	−0.116%	$702	$37K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	285.63	+0.004%	$765K	$81K	10x	as long as short
Variational Omni IWM	+0.0011%	8h	285.59	−0.010%	$160K	$207K	—	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0031%	1h	285.41	−0.074%	$566K	$363K	20x	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	286.08	+0.161%	$75K	$19K	10x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	285.40	−0.077%	—	—	25x	as long as short
BloFin IWM-USDT	+0.0058%	8h	285.63	+0.004%	$65K	$33K	20x	as long as short
Binance IWMUSDTlong	+0.0080%	8h	285.62	long leg	$1.1M	$1.2M	20x
MEXC IWM_USDT	+0.0080%	8h	285.63	+0.004%	$885K	$82K	50x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	285.72	+0.035%	$139K	$848K	20x	as long as short
GRVT IWM_USDT_Perp	+0.0643%	8h	285.69	+0.025%	$297	$104K	10x	as long as short