IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.007%

Price spread now: Bybit against BloFin−0.063%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.063% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IWM-USDT	287.21	0.0052	pay 0.0052% / 8h	5h 28m	$66K	$37K	20x
Short	Bybit IWMUSDT	287.03	0	get 0.0000% / 8h	5h 28m	$569K	$74K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$10.94
Price spread: −0.063% → 0.000%: −$6.27
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$40.21
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 9 min ago. Net counts fees only.

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 BloFin no order-book sample	—	—	—	—	—
Sell Bybit live order book, 9 min ago	4.18 bp	11.9 bp −$12	167.4 bp −$1,674	doesn't fit	doesn't fit

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

IWM on 17 exchanges

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	287.01	−0.071%	$2K	$221	20x	as long as short
Bybit IWMUSDTshort	0.0000%	8h	287.03	−0.063%	$569K	$74K	25x
OKX IWM-USDT-SWAP	0.0000%	8h	287.35	+0.049%	$402K	$213K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	287.14	−0.024%	$604K	$159K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	287.23	+0.007%	$446K	$18K	20x	as long as short
Variational Omni IWM	0.0000%	8h	287.07	−0.050%	$171K	$215K	—	as long as short
SunX IWM-USDT	0.0000%	8h	287.36	+0.052%	$652	$464K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	287.47	+0.091%	$607	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	287.22	+0.003%	$772K	$88K	10x	as long as short
Lighter IWM	+0.0032%	1h	287.45	+0.084%	$75K	$3K	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance IWMUSDT	+0.0038%	8h	287.21	−0.002%	$1.1M	$1.3M	20x	as long as short
MEXC IWM_USDT	+0.0039%	8h	287.12	−0.031%	$887K	$84K	50x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	286.98	−0.080%	$528K	$377K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	286.94	−0.094%	—	$1K	25x	as long as short
BloFin IWM-USDTlong	+0.0052%	8h	287.21	long leg	$66K	$37K	20x
GRVT IWM_USDT_Perp	+0.0077%	8h	287.22	+0.004%	$910	$107K	10x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	287.01	−0.070%	$141K	$1.1M	20x	as long as short