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

IWM

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against MEXC+0.007%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4614.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.184%+$18 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.007%, 7d avg +0.013%
Together, before fees+0.235%+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC IWM_USDT287.250.0054pay 0.0054% / 8h5h 45m$888K$83K50x
ShortKuCoin IWMUSDTM287.270.0100get 0.0100% / 8h5h 45m$138K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$9.66
Price spread: +0.007% → +0.013%
−$0.63
Slippage, 4 orders
−$448.93
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$451.9
Costs to cover
4.609%
Break-even
334.5 days
Slippage from MEXC: live order book, 61 min ago; KuCoin: live order book, 2 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 MEXC live order book, 61 min ago1.40 bp4.7 bp −$5149.3 bp −$1,493218.0 bp −$21.8Kdoesn't fit
Sell KuCoin live order book, 2 min ago10.62 bp261.1 bp −$261doesn't fitdoesn't fitdoesn't fit

IWM on 17 exchanges

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:SMALL2000−0.0006%1h286.95−0.104%$528K$378K20xas long as short
Aster IWMUSDT0.0000%8h287.20−0.016%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h287.11−0.049%$569K$76K25xas long as short
OKX IWM-USDT-SWAP0.0000%8h287.09−0.056%$402K$214K20xas long as short
Gate IWM_USDT0.0000%8h287.08−0.059%$604K$158K20xas long as short
Bitget IWMUSDT0.0000%8h287.30+0.017%$446K$18K20xas long as short
Variational Omni IWM0.0000%8h287.36+0.039%$171K$216Kas long as short
SunX IWM-USDT0.0000%8h287.36+0.038%$957$465K10xas long as short
HTX IWM-USDT0.0000%8h287.75+0.174%$532$38K20xas long as short
Phemex IWMUSDT0.0000%8h287.38+0.045%$772K$88K10xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h287.36+0.038%$75K$3K10xas long as short
Vest IWM-USD-PERP+0.0046%1h287.03−0.077%$1K25xas long as short
Binance IWMUSDT+0.0054%8h287.32+0.024%$1.1M$1.3M20xas long as short
MEXC IWM_USDTlong+0.0054%8h287.25long leg$888K$83K50x
BloFin IWM-USDT+0.0061%8h287.39+0.049%$19K$36K20xas long as short
KuCoin IWMUSDTMshort+0.0100%8h287.27+0.007%$138K$1.1M20x
GRVT IWM_USDT_Perp+0.0108%8h287.37+0.042%$638$106K10xas long as short