TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG279.81+0.0050pay 0.0050% / 8h3h 05m$973K$837K—Long BingX
SHORT279.11+0.0032get 0.0004% / 1h5m 56s$56K$26K10xShort Lighter7d free
Price gap−0.250%
Funding gap−0.0018% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.250% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5−0.0018% /8h now · paid −0.055% over the last 7D
Price—spread −0.250% now · no price history on both exchanges yet
Costsno datano order book for Lighter
Result, before costs—+ Points / potential airdropLighter: Season 3 · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.250%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

IWM on 17 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Lighter: its slippage is not counted.
  • Note: Margin at max leverage— + $1,000
    BingX —, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.54Long BingX: 3 payments, −$1.50; short Lighter: 24 payments, +$0.96.
  • Note: No 7-day spread history−0.250%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$56K vs $973K OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Lighter No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0026%/8h × 21 periods−$5.45
Price spread−0.250% → 0−$25.02
Slippage, 4 ordersno data for Lighter—
Fee BingX bp × 2 orders−$10.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$40.47
Costs to cover0.100%Break-evennever at this rate
Slippage: BingX: live order book, 59 min ago; Lighter: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX2.1412.1 bp−$1255.3 bp−$553214.7 bp−$21.5K760.0 bp−$380.0K
SELL · SHORTLighter—————

Closing costs about the same again.
Lighter: no data.

Alert

IWM news

posts that mention IWM or iShares Russell 2000 ETF, from every exchangeSearch all news →
10-29 17:47Markets by KinetiqListingThe following [mkts] have now been settled and delisted. TLT IWM USTECH US500 @Markets_xyz on X ↗
10-28 14:45Markets by KinetiqListingThe following [mkts] will be settled and delisted towards the end of the week. TLT IWM USTECH US500 Please note that any outstanding positions will be settled at mark price. @Markets_xyz on X ↗
10-21 18:18Markets by KinetiqOtherShort tail HIP-3 offerings include US500, USTECH, TLT, IWM @Markets_xyz on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market IWM/USD ($IWM) seen by our collector