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

IWM

RWAall IWM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.011%
Price spread now: BloFin against Markets by Kinetiq+0.186%88s7-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−0.151%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.186% dearer against Markets by Kinetiq than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMarkets by Kinetiq mkts:SMALL2000285.420.0046pay 0.0006% / 1h45m 41s$566K$371K20x
ShortBloFin IWM-USDT285.950.0009get 0.0009% / 8h2h 45m$65K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Markets by Kinetiq. 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
−$7.79
Price spread: +0.186% → 0.000%
$18.57
Slippage, 4 orders
no order book: not counted
Fee Markets by Kinetiq: 0.81 bp × 2 orders
−$1.62
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.84
Costs to cover
0.136%
Break-even
from the start
Slippage unknown: Markets by Kinetiq: live order book, 30 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 Markets by Kinetiq live order book, 30 min ago2.80 bp5.9 bp −$642.0 bp −$420doesn'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 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%8h285.69+0.096%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h285.58+0.056%$554K$61K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.77+0.123%$400K$117K20xas long as short
Gate IWM_USDT0.0000%8h285.92+0.175%$609K$159K20xas long as short
Bitget IWMUSDT0.0000%8h285.86+0.154%$443K$14K20xas long as short
Variational Omni IWM0.0000%8h285.90+0.168%$160K$207Kas long as short
SunX IWM-USDT0.0000%8h285.96+0.189%$1K$467K10xas long as short
HTX IWM-USDT0.0000%8h286.22+0.280%$552$37K20xas long as short
Phemex IWMUSDT0.0000%8h285.95+0.186%$766K$79K10xas long as short
MEXC IWM_USDT+0.0007%8h285.81+0.137%$886K$82K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin IWM-USDTshort+0.0009%8h285.95+0.186%$65K$32K20x
Binance IWMUSDT+0.0010%8h285.96+0.190%$1.1M$1.1M20xas long as short
Lighter IWM+0.0032%1h285.75+0.116%$75K$19K10xas long as short
Markets by Kinetiq mkts:SMALL2000long+0.0046%1h285.42long leg$566K$371K20x
Vest IWM-USD-PERP+0.0046%1h285.44+0.007%25xas long as short
KuCoin IWMUSDTM+0.0100%8h285.89+0.165%$138K$853K20xas long as short
GRVT IWM_USDT_Perp+0.0650%8h285.93+0.179%$297$108K10xas long as short