IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%

Price spread now: Vest against Lighter−0.102%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.102% cheaper against Lighter than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 25 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter IWM	284.86	0.0032	pay 0.0004% / 1h	40m 52s	$74K	$19K	10x
Short	Vest IWM-USD-PERP	284.57	0.0046	get 0.0006% / 1h	40m 52s	—	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee VestbpOrdersPrice spread, now −0.102%Rate

Funding earned: $2.87
Price spread: −0.102% → 0.000%: −$10.18
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.31
Costs to cover: 0.020%
Break-even: 29.7 days

Slippage unknown: Lighter: no order-book sample; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Lighter and Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster IWMUSDT	0.0000%	8h	284.75	−0.040%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	284.68	−0.063%	$563K	$73K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	284.80	−0.021%	$436K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.85	−0.004%	$601K	$164K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.73	−0.046%	$440K	$15K	20x	as long as short
Variational Omni IWM	0.0000%	8h	284.92	+0.022%	$169K	$217K	—	as long as short
GRVT IWM_USDT_Perp	0.0000%	8h	284.83	−0.011%	$775	$100K	10x	as long as short
SunX IWM-USDT	0.0000%	8h	284.80	−0.021%	$823	$462K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	284.67	−0.067%	$598	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	284.86	0.000%	$764K	$84K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter IWMlong	+0.0032%	1h	284.86	long leg	$74K	$19K	10x
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	284.56	−0.105%	$564K	$358K	20x	as long as short
Vest IWM-USD-PERPshort	+0.0046%	1h	284.57	−0.102%	—	$1K	25x
Binance IWMUSDT	+0.0075%	8h	284.80	−0.021%	$1.1M	$1.2M	20x	as long as short
MEXC IWM_USDT	+0.0076%	8h	284.83	−0.011%	$880K	$83K	50x	as long as short
BloFin IWM-USDT	+0.0092%	8h	284.78	−0.028%	$67K	$33K	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	284.87	+0.004%	$141K	$913K	20x	as long as short