Settings8H · net · $10k
Funding arb · Price arb /

IWM

RWAall IWM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0105%/8h= −11.5% APRnext payment $1.05 per $10,000 · paid last 24h −0.037%
Price spread now: BloFin against GRVT+0.087%102s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. BloFin is 0.087% dearer against GRVT than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.032% in total) that is about 19 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IWM_USDT_Perp286.880.0154pay 0.0154% / 8h6h 01m$858$104K10x
ShortBloFin IWM-USDT287.130.0049get 0.0049% / 8h6h 01m$19K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
−$22.04
Price spread: +0.087% → 0.000%
$8.65
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.39
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 47 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 47 min ago2.27 bp23.8 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IWMUSDT0.0000%8h286.84−0.016%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h286.74−0.049%$569K$73K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h286.87−0.004%$401K$213K20xas long as short
Gate IWM_USDT0.0000%8h286.80−0.029%$603K$166K20xas long as short
Bitget IWMUSDT0.0000%8h286.95+0.024%$445K$17K20xas long as short
Variational Omni IWM0.0000%8h286.88−0.001%$170K$216Kas long as short
SunX IWM-USDT0.0000%8h286.84−0.015%$1K$464K10xas long as short
HTX IWM-USDT0.0000%8h286.69−0.067%$462$38K20xas long as short
Phemex IWMUSDT0.0000%8h286.98+0.034%$771K$88K10xas long as short
Lighter IWM+0.0032%1h287.13+0.087%$75K$19K10xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Markets by Kinetiq mkts:SMALL2000+0.0046%1h286.57−0.109%$527K$384K20xas long as short
Vest IWM-USD-PERP+0.0046%1h286.58−0.105%$1K25xas long as short
BloFin IWM-USDTshort+0.0049%8h287.13+0.087%$19K$36K20x
Binance IWMUSDT+0.0064%8h286.97+0.031%$1.1M$1.2M20xas long as short
MEXC IWM_USDT+0.0066%8h286.88−0.001%$886K$86K50xas long as short
KuCoin IWMUSDTM+0.0100%8h286.77−0.039%$136K$1.0M20xas long as short
GRVT IWM_USDT_Perplong+0.0154%8h286.88long leg$858$104K10x