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

IWM

RWAall IWM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX+0.063%93s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.063% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IWM-USDT-SWAP284.820get 0.0000% / 8h7h 43m$437K$158K20x
ShortBloFin IWM-USDT285.000.0063get 0.0063% / 8h7h 43m$67K$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$13.24
Price spread: +0.063% → 0.000%
$6.32
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.44
Costs to cover
0.220%
Break-even
8.3 days
Slippage unknown: OKX: live order book, 52 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 52 min ago7.00 bp17.3 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster IWMUSDT0.0000%8h284.75−0.024%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h284.70−0.042%$563K$73K25xas long as short
OKX IWM-USDT-SWAPlong0.0000%8h284.82long leg$437K$158K20x
Gate IWM_USDT0.0000%8h284.89+0.025%$601K$163K20xas long as short
Bitget IWMUSDT0.0000%8h284.72−0.035%$440K$15K20xas long as short
Variational Omni IWM0.0000%8h284.92+0.036%$169K$217Kas long as short
GRVT IWM_USDT_Perp0.0000%8h285.05+0.082%$687$101K10xas long as short
SunX IWM-USDT0.0000%8h285.07+0.088%$790$461K10xas long as short
HTX IWM-USDT0.0000%8h284.85+0.011%$544$38K20xas long as short
Phemex IWMUSDT0.0000%8h284.88+0.021%$764K$84K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h284.86+0.014%$74K$19K10xas long as short
Markets by Kinetiq mkts:SMALL2000+0.0046%1h284.56−0.091%$564K$358K20xas long as short
Vest IWM-USD-PERP+0.0046%1h284.67−0.053%$1K25xas long as short
BloFin IWM-USDTshort+0.0063%8h285.00+0.063%$67K$33K20x
Binance IWMUSDT+0.0078%8h284.80−0.007%$1.1M$1.2M20xas long as short
MEXC IWM_USDT+0.0079%8h284.79−0.011%$880K$83K50xas long as short
KuCoin IWMUSDTM+0.0100%8h284.92+0.035%$141K$910K20xas long as short