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+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against OKX+0.007%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.442% of the position
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)−0.102%−$10 · spread now +0.007%, 7d avg −0.007%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX IWM-USDT-SWAP284.800get 0.0000% / 8h7h 42m$436K$158K20x
ShortMEXC IWM_USDT284.820.0078get 0.0078% / 8h7h 42m$880K$83K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$16.38
Price spread: +0.007% → −0.007%
$1.36
Slippage, 4 orders
−$34.23
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$26.49
Costs to cover
0.442%
Break-even
18.3 days
Slippage from OKX: live order book, 53 min ago; MEXC: live order book, 48 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 OKX live order book, 53 min ago7.00 bp17.3 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 48 min ago3.50 bp8.0 bp −$8147.7 bp −$1,477212.0 bp −$21.2Kdoesn't fit

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%8h284.72−0.030%$2K$22120xas long as short
Bybit IWMUSDT0.0000%8h284.64−0.056%$563K$73K25xas long as short
OKX IWM-USDT-SWAPlong0.0000%8h284.80long leg$436K$158K20x
Gate IWM_USDT0.0000%8h284.87+0.025%$601K$163K20xas long as short
Bitget IWMUSDT0.0000%8h284.72−0.028%$440K$15K20xas long as short
Variational Omni IWM0.0000%8h284.92+0.043%$169K$217Kas long as short
GRVT IWM_USDT_Perp0.0000%8h285.06+0.091%$687$101K10xas long as short
SunX IWM-USDT0.0000%8h284.81+0.004%$766$462K10xas long as short
HTX IWM-USDT0.0000%8h284.67−0.046%$544$38K20xas long as short
Phemex IWMUSDT0.0000%8h284.86+0.021%$764K$84K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter IWM+0.0032%1h284.86+0.021%$74K$19K10xas long as short
Markets by Kinetiq mkts:SMALL2000+0.0046%1h284.57−0.081%$564K$358K20xas long as short
Vest IWM-USD-PERP+0.0046%1h284.61−0.067%$1K25xas long as short
BloFin IWM-USDT+0.0056%8h284.78−0.007%$67K$33K20xas long as short
Binance IWMUSDT+0.0076%8h284.800.000%$1.1M$1.2M20xas long as short
MEXC IWM_USDTshort+0.0078%8h284.82+0.007%$880K$83K50x
KuCoin IWMUSDTM+0.0100%8h284.88+0.028%$140K$910K20xas long as short