IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bybit+0.063%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1751.751% 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)−0.204%−$20 · spread now +0.063%, 7d avg +0.058%

Together, before fees−0.179%−$18 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit IWMUSDT	284.70	0	get 0.0000% / 8h	7h 44m	$563K	$73K	25x
Short	Phemex IWMUSDT	284.88	0	get 0.0000% / 8h	7h 44m	$764K	$84K	10x

Funding history

latest

Range statsloading…

Phemex against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee PhemexbpOrdersPrice spread, now +0.063%Rate

Slippage from Bybit: live order book, 46 min ago; Phemex: live order book, 53 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 46 min ago	3.68 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 53 min ago	1.58 bp	45.9 bp −$46	doesn't fit	doesn't fit	doesn't fit

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	284.75	+0.019%	$2K	$221	20x	as long as short
Bybit IWMUSDTlong	0.0000%	8h	284.70	long leg	$563K	$73K	25x
OKX IWM-USDT-SWAP	0.0000%	8h	284.90	+0.070%	$437K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.92	+0.077%	$601K	$163K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.83	+0.046%	$441K	$15K	20x	as long as short
Variational Omni IWM	0.0000%	8h	284.92	+0.078%	$169K	$217K	—	as long as short
GRVT IWM_USDT_Perp	0.0000%	8h	285.05	+0.124%	$687	$101K	10x	as long as short
SunX IWM-USDT	0.0000%	8h	285.07	+0.130%	$790	$461K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	284.85	+0.053%	$544	$38K	20x	as long as short
Phemex IWMUSDTshort	0.0000%	8h	284.88	+0.063%	$764K	$84K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IWM	+0.0032%	1h	284.86	+0.056%	$74K	$19K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	284.62	−0.028%	$564K	$358K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	284.67	−0.011%	—	$1K	25x	as long as short
BloFin IWM-USDT	+0.0063%	8h	285.00	+0.105%	$67K	$33K	20x	as long as short
MEXC IWM_USDT	+0.0079%	8h	284.82	+0.042%	$880K	$83K	50x	as long as short
Binance IWMUSDT	+0.0080%	8h	284.83	+0.046%	$1.1M	$1.2M	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	284.98	+0.098%	$141K	$910K	20x	as long as short