IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.76 per $10,000 · paid last 24h −0.008%

Price spread now: SunX against MEXC−0.011%7-day average −0.043% · you buy dearer than you sell

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

Long on MEXC Short on SunX

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)−0.049%−$5 · spread now −0.011%, 7d avg −0.043%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.032% dearer against MEXC than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.008% in total) that is about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC IWM_USDT	284.83	0.0076	pay 0.0076% / 8h	7h 40m	$880K	$83K	50x
Short	SunX IWM-USDT	284.80	0	get 0.0000% / 8h	7h 40m	$823	$462K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$15.96
Price spread: −0.011% → −0.043%: $3.22
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$20.74
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 50 min ago; SunX: live order book, 70 min ago. 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 MEXC live order book, 50 min ago	3.50 bp	6.4 bp −$6	155.4 bp −$1,554	216.9 bp −$21.7K	doesn't fit
Sell SunX live order book, 70 min ago	500.27 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	284.74	−0.030%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	284.68	−0.053%	$563K	$73K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	284.80	−0.011%	$436K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.85	+0.007%	$601K	$164K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.74	−0.032%	$440K	$15K	20x	as long as short
Variational Omni IWM	0.0000%	8h	284.78	−0.018%	$169K	$217K	—	as long as short
GRVT IWM_USDT_Perp	0.0000%	8h	284.83	0.000%	$775	$100K	10x	as long as short
SunX IWM-USDTshort	0.0000%	8h	284.80	−0.011%	$823	$462K	10x
HTX IWM-USDT	0.0000%	8h	284.67	−0.056%	$598	$38K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	284.86	+0.011%	$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 IWM	+0.0032%	1h	284.86	+0.011%	$74K	$19K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	284.57	−0.091%	$564K	$358K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	284.57	−0.091%	—	$1K	25x	as long as short
Binance IWMUSDT	+0.0074%	8h	284.80	−0.011%	$1.1M	$1.2M	20x	as long as short
MEXC IWM_USDTlong	+0.0076%	8h	284.83	long leg	$880K	$83K	50x
BloFin IWM-USDT	+0.0092%	8h	284.78	−0.018%	$67K	$33K	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	284.87	+0.014%	$141K	$913K	20x	as long as short