Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Phemex+0.014%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | Phemex IWMUSDT | 286.01 | 0 | get 0.0000% / 8h | 2h 02m | $766K | $80K | 10x |
| Short | BloFin IWM-USDT | 286.05 | 0.0059 | get 0.0059% / 8h | 2h 02m | $64K | $33K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $12.37
- Price spread: +0.014% → 0.000%
- $1.4
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.23
- Costs to cover
- 0.240%
- Break-even
- 12.8 days
Slippage unknown: Phemex: live order book, 45 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 45 min ago | 2.10 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster IWMUSDT | 0.0000% | 8h | 285.79 | −0.078% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.64 | −0.129% | $557K | $62K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.74 | −0.094% | $400K | $120K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.95 | −0.021% | $610K | $163K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.81 | −0.070% | $443K | $15K | 20x | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 286.03 | +0.007% | $1K | $458K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 286.06 | +0.017% | $712 | $37K | 20x | as long as short |
| Phemex IWMUSDTlong | 0.0000% | 8h | 286.01 | long leg | $766K | $80K | 10x | |
| Variational Omni IWM | +0.0007% | 8h | 285.97 | −0.012% | $160K | $207K | — | as long as short |
| Lighter IWM | +0.0032% | 1h | 285.88 | −0.045% | $75K | $19K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 285.44 | −0.199% | $566K | $363K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.60 | −0.143% | — | — | 25x | as long as short |
| BloFin IWM-USDTshort | +0.0059% | 8h | 286.05 | +0.014% | $64K | $33K | 20x | |
| MEXC IWM_USDT | +0.0077% | 8h | 285.79 | −0.077% | $886K | $84K | 50x | as long as short |
| Binance IWMUSDT | +0.0078% | 8h | 286.02 | +0.003% | $1.1M | $1.2M | 20x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 286.02 | +0.003% | $139K | $849K | 20x | as long as short |
| GRVT IWM_USDT_Perp | +0.0694% | 8h | 285.99 | −0.007% | $286 | $107K | 10x | as long as short |
Phemex IWMUSDT
BloFin IWM-USDT
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
SunX IWM-USDT
HTX IWM-USDT
Variational Omni IWM
Lighter IWM
MEXC IWM_USDT
Binance IWMUSDT
KuCoin IWMUSDTM
GRVT IWM_USDT_Perp