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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IWMUSDT | 285.51 | 0.0060 | pay 0.0060% / 8h | 18m 51s | $1.1M | $1.2M | 20x |
| Short | MEXC IWM_USDT | 285.47 | 0.0059 | get 0.0059% / 8h | 18m 51s | $882K | $85K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 0.17 bp | 9.3 bp −$9 | 53.1 bp −$531 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 3.50 bp | 8.0 bp −$8 | 147.7 bp −$1,477 | 212.0 bp −$21.2K | 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 | 285.28 | −0.081% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.23 | −0.099% | $557K | $61K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.65 | +0.048% | $438K | $156K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.52 | +0.002% | $607K | $159K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.61 | +0.034% | $442K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.47 | −0.017% | $169K | $216K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.31 | −0.071% | $111 | $464K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.86 | +0.121% | $566 | $38K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.54 | +0.009% | $765K | $82K | 10x | as long as short |
| Lighter IWM | +0.0032% | 1h | 286.04 | +0.185% | $75K | $19K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 285.31 | −0.071% | $566K | $358K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.21 | −0.106% | — | — | 25x | as long as short |
| MEXC IWM_USDTshort | +0.0059% | 8h | 285.47 | −0.015% | $882K | $85K | 50x | |
| Binance IWMUSDTlong | +0.0060% | 8h | 285.51 | long leg | $1.1M | $1.2M | 20x | |
| BloFin IWM-USDT | +0.0082% | 8h | 285.48 | −0.012% | $67K | $33K | 20x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.56 | +0.016% | $140K | $887K | 20x | as long as short |
| GRVT IWM_USDT_Perp | +0.0448% | 8h | 285.43 | −0.029% | $739 | $102K | 10x | as long as short |
Binance IWMUSDT
MEXC IWM_USDT
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
BloFin IWM-USDT
KuCoin IWMUSDTM
GRVT IWM_USDT_Perp