IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against MEXC+0.028%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1891.894% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.028%, 7d avg −0.065%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.093% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC IWM_USDT	287.63	0.0004	pay 0.0004% / 8h	4h 08m	$889K	$86K	50x
Short	Gate IWM_USDT	287.71	0	get 0.0000% / 8h	4h 08m	$604K	$163K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.028%Rate

Funding earned: −$0.84
Price spread: +0.028% → −0.065%: $9.25
Slippage, 4 orders: −$174.4
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$180.98
Costs to cover: 1.894%
Break-even: never at this rate

Slippage from MEXC: live order book, 25 min ago; Gate: live order book, 31 min ago.

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 MEXC live order book, 25 min ago	3.65 bp	9.3 bp −$9	165.5 bp −$1,655	218.2 bp −$21.8K	296.1 bp −$148.1K
Sell Gate live order book, 31 min ago	8.71 bp	35.7 bp −$36	doesn't fit	doesn't fit	doesn't fit

IWM on 17 exchanges

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	287.61	−0.008%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	287.49	−0.049%	$579K	$84K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	287.69	+0.021%	$399K	$230K	20x	as long as short
Gate IWM_USDTshort	0.0000%	8h	287.71	+0.028%	$604K	$163K	20x
Bitget IWMUSDT	0.0000%	8h	287.70	+0.024%	$446K	$18K	20x	as long as short
Variational Omni IWM	0.0000%	8h	287.69	+0.019%	$162K	$204K	—	as long as short
SunX IWM-USDT	0.0000%	8h	287.55	−0.028%	$1K	$455K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	287.71	+0.028%	$650	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	287.78	+0.052%	$774K	$88K	10x	as long as short
Binance IWMUSDT	+0.0004%	8h	287.74	+0.037%	$1.1M	$1.3M	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC IWM_USDTlong	+0.0004%	8h	287.63	long leg	$889K	$86K	50x
BloFin IWM-USDT	+0.0006%	8h	287.76	+0.045%	$66K	$44K	20x	as long as short
Lighter IWM	+0.0032%	1h	287.75	+0.042%	$75K	$3K	10x	as long as short
GRVT IWM_USDT_Perp	+0.0039%	8h	287.72	+0.030%	$457	$109K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	287.42	−0.073%	$469K	$455K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	287.34	−0.101%	—	$1K	25x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	287.82	+0.066%	$162K	$1.2M	20x	as long as short