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−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.015%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.347% 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)+0.018%+$2 · spread now −0.015%, 7d avg −0.018%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IWMUSDT285.510.0060pay 0.0060% / 8h18m 51s$1.1M$1.2M20x
ShortMEXC IWM_USDT285.470.0059get 0.0059% / 8h18m 51s$882K$85K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.21
Price spread: −0.015% → −0.018%
$0.26
Slippage, 4 orders
−$24.7
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$34.65
Costs to cover
0.347%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 12 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, 14 min ago0.17 bp9.3 bp −$953.1 bp −$531doesn't fitdoesn't fit
Sell MEXC live order book, 12 min ago3.50 bp8.0 bp −$8147.7 bp −$1,477212.0 bp −$21.2Kdoesn'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
Aster IWMUSDT0.0000%8h285.28−0.081%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h285.23−0.099%$557K$61K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.65+0.048%$438K$156K20xas long as short
Gate IWM_USDT0.0000%8h285.52+0.002%$607K$159K20xas long as short
Bitget IWMUSDT0.0000%8h285.61+0.034%$442K$15K20xas long as short
Variational Omni IWM0.0000%8h285.47−0.017%$169K$216Kas long as short
SunX IWM-USDT0.0000%8h285.31−0.071%$111$464K10xas long as short
HTX IWM-USDT0.0000%8h285.86+0.121%$566$38K20xas long as short
Phemex IWMUSDT0.0000%8h285.54+0.009%$765K$82K10xas long as short
Lighter IWM+0.0032%1h286.04+0.185%$75K$19K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Markets by Kinetiq mkts:SMALL2000+0.0046%1h285.31−0.071%$566K$358K20xas long as short
Vest IWM-USD-PERP+0.0046%1h285.21−0.106%25xas long as short
MEXC IWM_USDTshort+0.0059%8h285.47−0.015%$882K$85K50x
Binance IWMUSDTlong+0.0060%8h285.51long leg$1.1M$1.2M20x
BloFin IWM-USDT+0.0082%8h285.48−0.012%$67K$33K20xas long as short
KuCoin IWMUSDTM+0.0100%8h285.56+0.016%$140K$887K20xas long as short
GRVT IWM_USDT_Perp+0.0448%8h285.43−0.029%$739$102K10xas long as short