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

IWM

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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 −0.044%
Price spread now: Phemex against GRVT+0.006%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.006%, 7d avg −0.009%
Together, before fees−0.197%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IWM_USDT_Perp285.050get 0.0000% / 8h7h 44m$687$101K10x
ShortPhemex IWMUSDT285.070get 0.0000% / 8h7h 44m$764K$84K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.006% → −0.009%
$1.48
Slippage, 4 orders
−$106.47
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$125.99
Costs to cover
1.275%
Break-even
never at this rate
Slippage from GRVT: live order book, 48 min ago; Phemex: live order book, 53 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 GRVT live order book, 48 min ago1.92 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 53 min ago1.58 bp45.9 bp −$46doesn't fitdoesn't fitdoesn't fit

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%8h284.78−0.095%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h284.73−0.114%$563K$73K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h284.90−0.054%$437K$158K20xas long as short
Gate IWM_USDT0.0000%8h284.95−0.037%$601K$163K20xas long as short
Bitget IWMUSDT0.0000%8h284.89−0.058%$441K$15K20xas long as short
Variational Omni IWM0.0000%8h284.92−0.046%$169K$217Kas long as short
GRVT IWM_USDT_Perplong0.0000%8h285.05long leg$687$101K10x
SunX IWM-USDT0.0000%8h285.07+0.006%$770$461K10xas long as short
HTX IWM-USDT0.0000%8h284.85−0.072%$595$38K20xas long as short
Phemex IWMUSDTshort0.0000%8h285.07+0.006%$764K$84K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h284.86−0.068%$74K$19K10xas long as short
Markets by Kinetiq mkts:SMALL2000+0.0046%1h284.62−0.152%$564K$358K20xas long as short
Vest IWM-USD-PERP+0.0046%1h284.67−0.135%$1K25xas long as short
BloFin IWM-USDT+0.0063%8h285.00−0.019%$67K$33K20xas long as short
MEXC IWM_USDT+0.0079%8h284.84−0.075%$880K$83K50xas long as short
Binance IWMUSDT+0.0080%8h284.86−0.068%$1.1M$1.2M20xas long as short
KuCoin IWMUSDTM+0.0100%8h284.99−0.023%$141K$910K20xas long as short