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: MEXC against Phemex−0.011%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1141.140% 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)+0.190%+$19 · spread now −0.011%, 7d avg +0.005%

Together, before fees+0.198%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, 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	284.86	0	get 0.0000% / 8h	7h 40m	$764K	$84K	10x
Short	MEXC IWM_USDT	284.83	0.0076	get 0.0076% / 8h	7h 40m	$880K	$83K	50x

Funding history

latest

Range statsloading…

MEXC against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee PhemexbpFee MEXCbpOrdersPrice spread, now −0.011%Rate

Slippage from Phemex: live order book, 57 min ago; MEXC: live order book, 50 min ago.

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, 57 min ago	1.58 bp	53.6 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 50 min ago	3.50 bp	8.0 bp −$8	147.7 bp −$1,477	212.0 bp −$21.2K	doesn't fit

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	284.75	−0.040%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	284.68	−0.063%	$563K	$73K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	284.80	−0.021%	$436K	$158K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	284.85	−0.004%	$601K	$164K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	284.73	−0.046%	$440K	$15K	20x	as long as short
Variational Omni IWM	0.0000%	8h	284.92	+0.022%	$169K	$217K	—	as long as short
GRVT IWM_USDT_Perp	0.0000%	8h	284.83	−0.011%	$775	$100K	10x	as long as short
SunX IWM-USDT	0.0000%	8h	284.80	−0.021%	$823	$462K	10x	as long as short
HTX IWM-USDT	0.0000%	8h	284.67	−0.067%	$598	$38K	20x	as long as short
Phemex IWMUSDTlong	0.0000%	8h	284.86	long leg	$764K	$84K	10x

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	0.000%	$74K	$19K	10x	as long as short
Markets by Kinetiq mkts:SMALL2000	+0.0046%	1h	284.56	−0.105%	$564K	$358K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	284.57	−0.102%	—	$1K	25x	as long as short
Binance IWMUSDT	+0.0075%	8h	284.80	−0.021%	$1.1M	$1.2M	20x	as long as short
MEXC IWM_USDTshort	+0.0076%	8h	284.83	−0.011%	$880K	$83K	50x
BloFin IWM-USDT	+0.0092%	8h	284.78	−0.028%	$67K	$33K	20x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	284.87	+0.004%	$141K	$913K	20x	as long as short