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−0.0024%/8h= −2.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.030%
Price spread now: MEXC against KuCoin−0.017%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$5105.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.193%−$19 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.017%, 7d avg −0.014%
Together, before fees−0.203%−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IWMUSDTM285.810.0100pay 0.0100% / 8h57m 40s$141K$855K20x
ShortMEXC IWM_USDT285.760.0076get 0.0076% / 8h57m 40s$883K$83K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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
−$5.04
Price spread: −0.017% → −0.014%
−$0.33
Slippage, 4 orders
−$497.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$515.23
Costs to cover
5.099%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 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 KuCoin live order book, 27 min ago2.45 bp235.8 bp −$236doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 38 min ago0.17 bp1.8 bp −$2113.2 bp −$1,132210.0 bp −$21.0Kdoesn'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
Markets by Kinetiq mkts:SMALL2000−0.0139%1h285.42−0.136%$566K$358K20xas long as short
Aster IWMUSDT0.0000%8h285.78−0.009%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h285.58−0.080%$557K$60K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h285.32−0.171%$437K$160K20xas long as short
Gate IWM_USDT0.0000%8h285.74−0.024%$608K$157K20xas long as short
Bitget IWMUSDT0.0000%8h285.73−0.028%$442K$15K20xas long as short
Variational Omni IWM0.0000%8h285.78−0.011%$160K$207Kas long as short
SunX IWM-USDT0.0000%8h285.47−0.119%$1K$453K10xas long as short
HTX IWM-USDT0.0000%8h285.83+0.007%$474$37K20xas long as short
Phemex IWMUSDT0.0000%8h285.810.000%$766K$81K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h286.32+0.178%$75K$19K10xas long as short
Vest IWM-USD-PERP+0.0046%1h285.58−0.080%25xas long as short
BloFin IWM-USDT+0.0057%8h285.83+0.007%$67K$33K20xas long as short
MEXC IWM_USDTshort+0.0076%8h285.76−0.017%$883K$83K50x
Binance IWMUSDT+0.0076%8h285.79−0.007%$1.1M$1.2M20xas long as short
KuCoin IWMUSDTMlong+0.0100%8h285.81long leg$141K$855K20x
GRVT IWM_USDT_Perp+0.0547%8h285.80−0.003%$1K$104K10xas long as short