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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IWM-USDT-SWAP | 284.80 | 0 | get 0.0000% / 8h | 7h 42m | $436K | $158K | 20x |
| Short | MEXC IWM_USDT | 284.82 | 0.0078 | get 0.0078% / 8h | 7h 42m | $880K | $83K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 53 min ago | 7.00 bp | 17.3 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 48 min ago | 3.50 bp | 8.0 bp −$8 | 147.7 bp −$1,477 | 212.0 bp −$21.2K | 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 | 284.72 | −0.030% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 284.64 | −0.056% | $563K | $73K | 25x | as long as short |
| OKX IWM-USDT-SWAPlong | 0.0000% | 8h | 284.80 | long leg | $436K | $158K | 20x | |
| Gate IWM_USDT | 0.0000% | 8h | 284.87 | +0.025% | $601K | $163K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 284.72 | −0.028% | $440K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 284.92 | +0.043% | $169K | $217K | — | as long as short |
| GRVT IWM_USDT_Perp | 0.0000% | 8h | 285.06 | +0.091% | $687 | $101K | 10x | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 284.81 | +0.004% | $766 | $462K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 284.67 | −0.046% | $544 | $38K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 284.86 | +0.021% | $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 | +0.021% | $74K | $19K | 10x | as long as short |
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 284.57 | −0.081% | $564K | $358K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 284.61 | −0.067% | — | $1K | 25x | as long as short |
| BloFin IWM-USDT | +0.0056% | 8h | 284.78 | −0.007% | $67K | $33K | 20x | as long as short |
| Binance IWMUSDT | +0.0076% | 8h | 284.80 | 0.000% | $1.1M | $1.2M | 20x | as long as short |
| MEXC IWM_USDTshort | +0.0078% | 8h | 284.82 | +0.007% | $880K | $83K | 50x | |
| KuCoin IWMUSDTM | +0.0100% | 8h | 284.88 | +0.028% | $140K | $910K | 20x | as long as short |
OKX IWM-USDT-SWAP
MEXC IWM_USDT
Aster IWMUSDT
Bybit IWMUSDT
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
GRVT IWM_USDT_Perp
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
BloFin IWM-USDT
Binance IWMUSDT
KuCoin IWMUSDTM