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+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.053%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1631.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.053%, 7d avg +0.064%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IWMUSDT285.640get 0.0000% / 8h2h 02m$557K$62K25x
ShortMEXC IWM_USDT285.790.0077get 0.0077% / 8h2h 02m$886K$84K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
$16.17
Price spread: +0.053% → +0.064%
−$1.14
Slippage, 4 orders
−$151.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$147.92
Costs to cover
1.629%
Break-even
71.0 days
Slippage from Bybit: live order book, 38 min ago; MEXC: live order book, 38 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 Bybit live order book, 38 min ago1.05 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 38 min ago5.95 bp38.7 bp −$39179.2 bp −$1,792209.4 bp −$20.9K271.5 bp −$135.7K

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%8h285.79+0.051%$2K$22120xas long as short
Bybit IWMUSDTlong0.0000%8h285.64long leg$557K$62K25x
OKX IWM-USDT-SWAP0.0000%8h285.74+0.035%$400K$120K20xas long as short
Gate IWM_USDT0.0000%8h285.95+0.109%$610K$163K20xas long as short
Bitget IWMUSDT0.0000%8h285.81+0.060%$443K$15K20xas long as short
SunX IWM-USDT0.0000%8h286.03+0.137%$1K$458K10xas long as short
HTX IWM-USDT0.0000%8h286.06+0.147%$712$37K20xas long as short
Phemex IWMUSDT0.0000%8h286.01+0.130%$766K$80K10xas long as short
Variational Omni IWM+0.0007%8h285.97+0.117%$160K$207Kas long as short
Lighter IWM+0.0032%1h285.88+0.084%$75K$19K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Markets by Kinetiq mkts:SMALL2000+0.0046%1h285.44−0.070%$566K$363K20xas long as short
Vest IWM-USD-PERP+0.0046%1h285.60−0.014%25xas long as short
BloFin IWM-USDT+0.0059%8h286.05+0.144%$64K$33K20xas long as short
MEXC IWM_USDTshort+0.0077%8h285.79+0.053%$886K$84K50x
Binance IWMUSDT+0.0078%8h286.02+0.133%$1.1M$1.2M20xas long as short
KuCoin IWMUSDTM+0.0100%8h286.02+0.133%$139K$849K20xas long as short
GRVT IWM_USDT_Perp+0.0694%8h285.99+0.122%$286$107K10xas long as short