IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.83 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bitget+0.011%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$710.712% of the position

Long on Bitget Short on Binance

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)−0.135%−$13 · spread now +0.011%, 7d avg −0.012%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.023% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget IWMUSDT	285.31	0	get 0.0000% / 8h	0m 07s	$441K	$15K	20x
Short	Binance IWMUSDT	285.34	0.0083	get 0.0083% / 8h	0m 07s	$1.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.011%Rate

Funding earned: $17.52
Price spread: +0.011% → −0.012%: $2.3
Slippage, 4 orders: −$49.21
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$51.39
Costs to cover: 0.712%
Break-even: 27.5 days

Slippage from Bitget: live order book, 31 min ago; Binance: live order book, 2 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 Bitget live order book, 31 min ago	6.65 bp	13.3 bp −$13	35.4 bp −$354	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.17 bp	8.9 bp −$9	55.1 bp −$551	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	285.17	−0.051%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	285.10	−0.074%	$556K	$62K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	285.40	+0.032%	$437K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	285.40	+0.032%	$606K	$160K	20x	as long as short
Bitget IWMUSDTlong	0.0000%	8h	285.31	long leg	$441K	$15K	20x
Variational Omni IWM	0.0000%	8h	285.36	+0.016%	$169K	$217K	—	as long as short
SunX IWM-USDT	0.0000%	8h	285.25	−0.021%	$419	$465K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	285.67	+0.126%	$497	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	285.34	+0.011%	$765K	$82K	10x	as long as short
Lighter IWM	+0.0032%	1h	285.64	+0.116%	$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	284.98	−0.116%	$566K	$358K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	284.98	−0.116%	—	$1K	25x	as long as short
BloFin IWM-USDT	+0.0070%	8h	285.39	+0.028%	$67K	$33K	20x	as long as short
MEXC IWM_USDT	+0.0081%	8h	285.26	−0.018%	$881K	$86K	50x	as long as short
Binance IWMUSDTshort	+0.0083%	8h	285.34	+0.011%	$1.1M	$1.2M	20x
KuCoin IWMUSDTM	+0.0100%	8h	285.46	+0.053%	$140K	$906K	20x	as long as short
GRVT IWM_USDT_Perp	+0.0439%	8h	285.38	+0.023%	$965	$101K	10x	as long as short